Sunday, January 15, 2006

SEC corporate finance director stepping down


Beller led effort to implement Sarbannes-Oxley

The U.S. Securities and Exchange Commission is bidding farewell to one of its most senior rulemakers.

The SEC has announced that Alan Beller, director of its Division of Corporation Finance and senior counselor to the commission, will leave the SEC to return to the private sector. Under Beller’s leadership, the division produced the fastest-paced and most far-reaching corporate governance, financial disclosure and securities offering reforms in commission history, it noted.

Beller, 56, who assumed his current positions in January 2002, will remain at the commission until February to assist with ongoing and transition matters.

See full Article.