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Thursday, January 12, 2006

High-Level SEC Vacancies Continue to Grow

Anyone want to work at the SEC?

The SEC announced yesterday that Alan Beller, Director of the Division of Corporate Finance since 2002, will leave the Commission to return to the private sector.  The SEC stated that Beller will remain at the Commission until February 2006 to assist with ongoing and transition matters.

Beller's departure means that as of next month, three of the SEC's four divisions will be without a permanent director.  As discussed here back on October 12, the divisions of Market Regulation and Investment Management have each had vacancies at the very top of their organizations for months.  Two months later, these positions remain vacant, as do all of the other SEC and PCAOB positions (head of PCAOB, District Administrators in various cities, etc.) noted in the earlier post.

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