Baker Botts Partner To Head PCAOB

Law360, New York (January 7, 2011, 8:13 PM EST) -- The U.S. Securities and Exchange commission said Friday that Baker Botts LLP partner James R. Doty has been named chairman of the Public Company Accounting Oversight Board, which oversees auditors of public companies and broker-dealers.

Doty, who previously served as SEC general counsel, said in a statement released by the SEC that he was eager to get started.

"This is an important time for our capital markets and the Board," Doty said. "There is much work to be done for America's investing public."

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