Friday, July 28, 2006

A Sarbox Legacy


A Q&A with the former director of the SEC's Division of Corporate Finance.

Most CFOs won't forget Alan Beller. He is credited with overseeing the implementation of more than 15 rule-making efforts related to the Sarbanes-Oxley Act, including those requiring certification of the accuracy of financial reports by chief executive officers and chief financial officers. As head of the Securities and Exchange Commission's Division of Corporate Finance, Beller also oversaw the rule-making that produced the most significant reforms in decades to the securities offering process, and the first comprehensive SEC rules for registration and disclosure for the asset-backed securities market.

In February, Beller decided to return to private industry after serving a little more than four years at the SEC. On August 1, he will rejoin law firm Cleary Gottlieb Steen and Hamilton, where he had been for 25 years prior to his government service.

See full Article.