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US Securities and Exchange Commission Service to Investors SECURITIE S AND EXCHANGE COMMI ss ION HI S TORICAL SOCIETY Dinner HONORING THE 75TH ANNIVER S ARY OF THE U.S. S ECURITIE S AND EXCHANGE COMMI ss ION JUNE 25, 2009 NATIONAL BUILDING MU S EUM WA S HINGTON , D.C. 7575 Barry Barbash, 2002 Annette Nazareth, 2001 Ray Garrett, Jr., 1973 Bourne Upham, 1950s Donald Stocking, 1964 Mary Keefe, 2008 Ganson Purcell, 1945 Michael Mann, 2008 Harry McDonald, 1949 O.H. Allred, 1964 Eugene Rotberg, 2001 William Moran, 1950s Fred Siesel, 2001 Aulana Peters, 2006 Edmund Burke, 1942 Daniel Goelzer, 2008 Harvey Goldschmid, 2002 Sylvia Shinnick, 1957 Martin Lybecker, 2005 Richard Rowe, 2001 Paul Gonson, 2007 Edward Eicher, 1941 Philip Loomis, 1981 Leonard Leiman, 2007 Paul Roye, 2002 David Silver, 2005 Lillian Smith, 1950s James Caffrey, 1945 Donald Nicolaisen, 2006 Francis Wheat, 1964 Anne P. Jones, 2002 Sumner Pike, 1941 Joseph Grundfest, 1989 Mickey Beach, 1980s Erik Sirri, 2007 Richard Ketchum, 2007 A.A. Sommer, 1977 John Huber, 2002 Donald Cook, 1949 Alan Levenson, 2001 Edward Greene, 2001 Marianne Smythe, 2002 Thomas Hart, 1964 Mark Kreitman, 2007 Stanley Sporkin, 2001 Amy Goodman, 2006 Esther Antell, 1950s Alan Beller, 2002 John Reed Stark, 2006 John Evans, 1979 Donald Langevoort, 2004 J. Sinclair Armstrong, 1956 James Barratt, 2004 Robert Kueppers, 2006 Dorothy McKellar, 1957 Steven Wallman, 2001 Barbara Thomas, 1981 Daniel McCauley, 1960 Brian J. Lane, 2002 Jerome Frank, 1941 Mary Schapiro, 2004 Karl Smeltzer, 1957 John Walsh, 2008 Roel Campos, 2002 commemorating the 75th anniversary of the u.s. securities and exchange commission 1934 ) _2009 www.sechistorical.org SECURITIE S AND EXCHANGE COMMI ss ION HI S TORICAL SOCIETY Dinner HONORING THE 75TH ANNIVER S ARY OF THE U.S. S ECURITIE S AND EXCHANGE COMMI ss ION JUNE 25, 2009 NATIONAL BUILDING MU S EUM WA S HINGTON , D.C. The photos throughout the book are images of past and current SEC Commission and staff and can be found in the Photos section of the virtual museum and archive at www.sechistorical.org. 7575 James Landis and Felix Frankfurter, 1934 Securities and Exchange Commission Historical Society 1101 pennsylvania avenue, n.w. � suite 600 � washington, d.c. 20004 o BOARD OF TRUSTEES June 25, 2009 chairman David B.H. Martin president James W. Barratt Dear Friends: president elect Susan S. Coffey vice president Stacy P. Chittick Welcome to this historic event honoring the 75th anniversary of the U.S. Securities and Donna M. Nagy Exchange Commission. treasurer W. Scott Bayless From its founding on June 6, 1934, the SEC has succeeded as one of the most lasting of secretary all New Deal agencies. When William O. Douglas stated that the SEC would serve as “the Richard B. Nesson investor’s advocate” upon his appointment as the third SEC Chairman on September 21, Abigail Arms 1937, he created a vision for the agency that thousands of men and women of distinction Margaret A. Bancroft Andrew S. Carron have fulfilled for three-quarters of a century. Robert H. Colson It is the privilege of the Securities and Exchange Commission Historical Society to be David A. DeMuro your host for tonight’s dinner. This is the first SEC anniversary dinner to be coordinated Carrie E. Dwyer Anne C. Flannery by an organization independent of the SEC. Cynthia A. Glassman With the SEC’s consent, the Society has taken the lead in commemorating the 75th Angela C. Goelzer anniversary with a variety of educational programs and celebratory events that began John J. Huber Teresa E. Iannaconi on November 1, 2007. The Calendar of Events in this book details our many activities Robert J. Kueppers recognizing the SEC’s 75th anniversary. Tonight’s dinner is the culmination of our Carmen J. Lawrence commemoration of this milestone anniversary. Simon M. Lorne Matthew J. Mallow On behalf of my fellow trustees, I thank all of you who have gathered here tonight to George C. McKann honor the U.S. Securities and Exchange Commission on its 75 years of service as the United Mark S. Radke States government agency providing a critical function as “the investor’s advocate” in the John M. Ramsay Thomas L. Riesenberg constantly changing world of capital market regulation. Quinton F. Seamons Richard H. Walker Sincerely, Harry J. Weiss executive director Carla L. Rosati, CFRE James W. Barratt President 202-756-5015 202-756-5014 [fax] [email protected] commemorating the 75th anniversary of the u.s. securities and exchange commission 1934 )_2009 www.sechistorical.org 134 Joseph P. Kennedy with members of the press, July 2, 1934 144 Program Presentation of Colors and Singing of National Anthem Welcome James W. Barratt Panoramic Photo This photo will hang in the SEC Historical Society’s 75th anniversary photo display in the Visitors Center of the U.S. Securities and Exchange Commission, Washington, D.C. It will be displayed next to the panoramic photo taken at the SEC’s 50th anniversary dinner in 1984. Recognition of Current and Past Chairmen, Commissioners and Staff of the U.S. Securities and Commission James W. Barratt Dinner During dinner, images from the Photos section of the Society’s virtual museum and archive at www.sechistorical.org will be on continuous display. Introduction of SEC Chairman Schapiro David B.H. Martin Remarks The Honorable Mary L. Schapiro Closing Remarks James W. Barratt 154 1939 SEC Messenger Softball Team: (top row) Bill Kurtz, Roy Long, Frank Kirkpatrick and Benedict; (2nd row) Jack Elias, Charley Adams, Lanny Sarsfield and Pete Szwec;(bottom row) Harry Krueger, Tony Antonelli, Frank Trainor and Leon Rainwater 164 Dinner Menu Fennel-Spiced Prawns with Five Citrus Salad sd Port Wine and Orange Glazed Rock Cornish Game Hen Baked Tomato Stuffed with Sweet Corn Summer Succotash French Green Beans sd Rum Baba with Tropical Fruits and Berry Coulis sd 2006 Hess Select Chardonnay, Monterey, California 2007 Francis Coppola Pinot Noir, Monterey, California 174 About the Securities and Exchange Commission Historical Society The Securities and Exchange Commission Historical Society, a 501(c)(3) non-profit organization, independent of and separate from the U.S. Securities and Exchange Commission, preserves the history of financial regulation through its virtual museum and archive at www.sechistorical.org, free and accessible worldwide at all times. 2007–08 Board of Trustees 2008–09 Board of Trustees 2009–10 Board of Trustees • Abigail Arms • Abigail Arms • Abigail Arms • Margaret A. Bancroft • Margaret A. Bancroft • Margaret A. Bancroft • James W. Barratt, Vice President • James W. Barratt, President-Elect • James W. Barratt, President • W. Scott Bayless, Treasurer • W. Scott Bayless, Treasurer • W. Scott Bayless, Treasurer • David M. Becker • David M. Becker (resigned 1-09) • Andrew S. Carron • Mark Berman • Mark Berman • Stacy P. Chittick, Vice President • Andrew S. Carron • Andrew S. Carron • Susan S. Coffey, President-Elect • Stacy P. Chittick • Stacy P. Chittick, Vice President • Robert H. Colson • Susan S. Coffey • Susan S. Coffey • David A. DeMuro • Robert H. Colson • Robert H. Colson • Carrie E. Dwyer • Stephen M. Cutler • David A. DeMuro • Anne C. Flannery • Margaret M. Foran • Carrie E. Dwyer • Cynthia A. Glassman • John J. Huber • Anne C. Flannery • Angela C. Goelzer • Herbert F. Janick III, President • John J. Huber • John J. Huber • Robert J. Kueppers • Teresa E. Iannaconi • Teresa E. Iannaconi • Carmen J. Lawrence, Secretary • Herbert F. Janick III, Chairman • Robert J. Kueppers • Simon M. Lorne • Carmen J. Lawrence • Carmen J. Lawrence • Colleen P. Mahoney • Simon M. Lorne • Simon M. Lorne • David B.H. Martin, President-Elect • Colleen P. Mahoney • Matthew J. Mallow • George C. McKann • Matthew J. Mallow • David B.H. Martin, Chairman • Richard B. Nesson • David B.H. Martin, President • George C. McKann • John M. Ramsay, Chairman • George C. McKann • Donna M. Nagy, Vice President • Thomas L. Riesenberg • Donna M. Nagy, Vice President • Richard B. Nesson, Secretary • Richard H. Rowe, Vice President • Richard B. Nesson, Secretary • Mark S. Radke • Mary L. Schapiro • Mark S. Radke • John M. Ramsay • Quinton F. Seamons • John M. Ramsay • Thomas L. Riesenberg • Richard H. Walker • Thomas L. Riesenberg • Quinton F. Seamons • Elisse B. Walter • Mary L. Schapiro (resigned 1-09) • Richard H. Walker • Quinton F. Seamons • Harry J. Weiss • Richard H. Walker • Harry J. Weiss Administration • Carla L. Rosati, CFRE, Executive Director • Matnita A. Green, Office Manager – Bookkeeper 184 1938 Commission: (left to right) Jerome N. Frank, Robert E. Healy, William O. Douglas, George C. Mathews and John W. Hanes 1941 meeting of SEC Regional Administrators: (left to right) Day Karr (Seattle), Daniel T. Moore (Cleveland), Joseph P. Rooney (Boston), O.H. Allred (Fort Worth), William McNeil Kennedy (Chicago), John L. Geraghty (Denver), William Green (Atlanta), James Caffrey (New York), William Malone (Philadelphia) and Howard A. Judy (Los Angeles and San Francisco) 194 SEC Chairman Ganson Purcell (right) and SEC staff members at a World War II Loan Drive in 1943 1104 Securities and Exchange Commission Historical Society Donors January 1, 2008 – March 31, 2009 The Securities and Exchange Commission Historical Society thanks the following institutions and individuals who made gifts and grants in support of the Society’s work from January 1, 2008 through March 31, 2009: • Jane B. Adams • Alan R. Bromberg • Richard C. Adkerson • Margarita Brose • Clifford J. Alexander • Christine A. Bruenn • Bradford E. Ali • Mercer E. Bullard • Philip D. Ameen • Louis F. Burke • American Institute of Certified • W. Hardy Callcott Public Accountants (AICPA) • Roel Campos • Jonathon Arleo • Wayne M. Carlin • Abigail Arms • Eva Marie Carney • Arnold & Porter LLP • Carney Gluntz & Associates LLC • Joel S. Arogeti • Andrew S. Carron • ASECA – Association of SEC • Center for Audit Quality Alumni, Inc. • James H. Cheek III • Andrew D. Bailey, Jr. • Chevron • Baker Botts LLP • Chicago Board Options Exchange • Margaret A. Bancroft • Stacy P. Chittick • Barry P.
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