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U.S. Securities and Exchange Commission

Brian Bussey Named Associate Director for Trading Practices and Processing in Division of Trading and Markets

FOR IMMEDIATE RELEASE
2009-206

Washington, D.C., Sept. 24, 2009 — The Securities and Exchange Commission today announced that Brian A. Bussey has been named Associate Director for Trading Practices and Processing in the Division of Trading and Markets.

The Office of Trading Practices and Processing oversees the Division's work under Regulation SHO and other rules related to short selling and market manipulation. The Office also oversees the Division's clearance and settlement program, as well as its enforcement liaison function.

"Brian's keen legal analysis is matched only by his total dedication to the Commission's mission," said James Brigagliano, Co-Acting Director of the Division of Trading and Markets. "Investors will benefit from Brian's new role in a key leadership position in the Division of Trading and Markets."

Mr. Bussey said, "I look forward to working with my colleagues in the Division and throughout the Commission to protect investors and maintain fair, orderly, and efficient markets during this time of significant challenges and opportunities."

Mr. Bussey has served as Assistant Chief Counsel in the Division of Trading and Markets since 2003. From 2001 to 2003, he served as counsel to former SEC chairmen William Donaldson and Harvey Pitt and former Acting Chairman Laura Unger. He came to the SEC in 1998, first working as Senior Counsel in the Office of General Counsel and then as Special Counsel in the Office of Chief Counsel in the Division of Trading and Markets.

Mr. Bussey has received numerous awards during his 10 years at the SEC, including most recently the Chairman's Award for Excellence for his efforts to promote the use of central counterparties to clear transactions in credit default swaps. He also has received the Jay Manning Award, the Arthur F. Mathews Award, three Law and Policy Awards for representing the Commission on a variety of legislative matters, and the Supervisory Excellence Award.

Prior to joining the Commission, Mr. Bussey was a corporate associate at Kirkland & Ellis in Chicago. Mr. Bussey began his legal career in 1995 as a law clerk to Judge E. Grady Jolly, U.S. Court of Appeals for the Fifth Circuit.

Mr. Bussey received his J.D. from the University of Chicago Law School and his B.A. from Pomona College.

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http://www.sec.gov/news/press/2009/2009-206.htm

Modified: 09/24/2009