Executive Director Jim McConnell To Leave SEC

Law360, New York (March 15, 2006, 12:00 AM EST) -- Securities and Exchange Commission Executive Director Jim McConnell will leave the Commission after more than 20 years, causing another high-level vacancy at the agency.

McConnell, who joined the SEC in 1984, began serving as executive director in 1990. During his tenure, McConnell oversaw a period of enormous growth at the agency, as the budget jumped from $94 million to over $900 million.

“During this time, Jim has ushered the SEC into the modern era, and even now he is on the cutting edge of financial improvements...
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