SEC Appoints Chatman Thomsen Enforcement Chief

The Securities and Exchange Commission has filled the post of director of the division of enforcement from within. Linda Chatman Thomsen, formerly deputy director of that division, takes the place of Stephen M. Cutler, who announced in April that he was leaving the SEC for the private sector.

"Linda is a highly accomplished attorney with a proven record of effective advocacy on behalf of the nation's investors," said SEC Chairman William H. Donaldson. "The skills Linda has exhibited during her tenure at the Commission instill great confidence in her ability to lead this important division."

Thomsen has been with the SEC since 1995, when she joined as assistant chief litigation counsel. Two years later, she became assistant director of the division of enforcement and, in 2000, associate director. Her appointment as deputy director came in January 2002. In that role, she has overseen many investigations and litigations, including the high profile Enron case.

Prior to joining the SEC, Thomsen was in private practice at Davis Polk & Wardwell's Washington and New York offices. She also served as an assistant United States attorney in the District of Maryland.

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