Gabelli Asset Management (GBL) - Get Report said Christopher J. Michailoff joined the firm as deputy general counsel of Gamco Investors.

Michailoff was previously senior counsel in the

Securities and Exchange Commission's

enforcement unit and assistant general counsel at PaineWebber. Since 2001, he has been counsel and first vice president at Citigroup Capital Markets.

Michailoff will report to James E. McKee, general counsel of Gabelli Asset Management, the firm said.

On Tuesday, Gabelli rose 8 cents to $45.74.