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U.S. Securities and Exchange Commission

SEC General Counsel to Leave Commission


Washington, DC, February 5, 2002 — The Commission announced today that General Counsel David M. Becker will leave the Commission to return to the private sector. Becker came to the Commission in 1998 as deputy general counsel and has been the agency's chief legal officer since January 2000. During his tenure, he helped shape most of the Commission's major policy and regulatory initiatives and counseled the Commission on virtually every matter that has come before it. Becker has not yet accepted another position and will remain with the Commission for a short period to assist with the transition to a new general counsel.

"David has been a singular force for the protection of investors and for the rule of law," Chairman Harvey L. Pitt said. "Virtually every major action the Commission has taken over the past two years bears the imprint of his intellectual rigor and outstanding judgment. The Commission and the staff will miss his wise and warm counsel. I am profoundly sad that he is leaving."

Becker said, "I leave the Commission with the greatest regret. Though I had expected to leave the Commission many months ago, Chairman Pitt's leadership and friendship made my decision to leave at this time especially difficult. It has been a privilege to play a role in protecting investors and a joy to work with dedicated and talented colleagues in the Office of General Counsel and throughout the Commission staff. I owe particular thanks to Chairmen Pitt, Unger, and Levitt and the Commissioners under whom I've served. I will be forever grateful for their confidence, leadership, and support."

Becker joined the Commission in October 1998, from the law firm of Wilmer, Cutler & Pickering, where he was a partner. Becker began his legal career as law clerk to Judge Harold Leventhal of the Court of Appeals for the District of Columbia and for Associate Justice (Retired) Stanley Reed of the Supreme Court. He is a graduate of Columbia College and Columbia Law School, where he was editor-in-chief of the Columbia Law Review.



Modified: 02/05/2002