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Thursday, July 7, 2005

Donaldson's Farewell Remarks to SEC Staff

A transcript of SEC Chairman William Donaldson's farewell remarks to the SEC staff is available here (thank you to TheCorporateCounsel.net blog for the link).  It is a nice farewell address that contains some creative speechwriting, particularly in some of his opening remarks about the SEC's new headquarters at Station Place:

Most recently, we’ve moved from the concrete bunker we fondly know at Judiciary Plaza, into this gleaming, sun-filled structure. With this move, the people who spend their days preaching the virtues of transparency now get to experience life inside a large glass box. That gentle irony aside, I can’t think of a more appropriate location than Station Place for the Securities and Exchange Commission. Here, with a great train station on one flank and the Thurgood Marshall building on the other, we find ourselves physically nestled between a dynamic hub of commerce and the protections of our legal system. This is precisely the juncture where our founding statute placed us 71 years ago.

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