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U.S. Securities and Exchange Commission

Division of Corporation Finance Creates Office of Small Business Policy


Washington, DC, December 14, 2000 -- The Division of Corporation Finance announced the creation of the Office of Small Business Policy. This office's responsibilities include reaching out to the small business community to instruct them about the programs we have developed to aid small businesses in dealing with the Commission's processes; interpreting the small business rules, forms and regulations; and rulemaking in areas that affect small business. Richard K. Wulff has been named Chief of this office.

Mr. Wulff joined the Commission in 1972 as an attorney. He was promoted to the position of Special Counsel in 1979. He served in that position until 1985 when he was promoted to Chief of the Office of Small Business Policy. As part of a reorganization of the Division of Corporation Finance in 1996, Mr. Wulff was reassigned to the position of Assistant Director of the Office of Small Business. Mr. Wulff received his J.D. from St. John's University and his B.A. from Fordham University.

John D. Reynolds was named as the successor to Mr. Wulff. As Assistant Director to the Office of Small Business, Mr. Reynolds will oversee review of disclosure documents filed by small businesses.

Mr. Reynolds joined the Commission in 1984 as an attorney and in 1986 he was promoted to the position of Special Counsel. From 1990 to 1992, Mr. Reynolds was associated with the firm of Muldoon, Murphy and Faucette. In 1993 he returned to the Commission focusing on the agency's small business program. Mr. Reynolds worked in the Atlanta District Office from 1993 to 1996. In 1996 he transferred to the Washington office where he has worked exclusively in the Office of Small Business. Mr. Reynolds graduated from Florida State College of Law in 1982. He received his B.A. in accounting from the University of West Florida in 1979.

Division of Corporation Finance Director David B. H. Martin said, "I am pleased with the selections of Richard and John. Their experience in this area will help assure that the Division's small business program will continue to be a strong element in our operations. I look forward to their insightful counsel and leadership."

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Modified: 11/23/2005