WASHINGTON — Henry T.C. Hu, the head of a relatively new risk division at the Securities and Exchange Commission who provided analysis on municipal and other financial markets, plans to leave the SEC and return to the University of Texas early next year, the commission announced Thursday.

Hu is director of the SEC’s division of risk, strategy, and financial innovation, a kind of internal “think tank” that was created in September 2009 to provide sophisticated interdisciplinary analysis across all SEC activities, including policymaking, rulemaking, examinations, and enforcement. It was the first new SEC division in 37 years.

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