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U.S. Securities and Exchange Commission

Steve Crimmins, Deputy Chief Litigation Counsel in the Division of Enforcement, Leaves the Commission After Fourteen Years of Service



Washington, D.C., July 16, 2001 – Stephen J. Crimmins, Deputy Chief Litigation Counsel in the Division of Enforcement of the Securities and Exchange Commission, departed the Commission on Friday, July 13, 2001, after fourteen years of service to become a partner in the securities litigation practice group of Holland & Knight LLP in Washington, D.C., and New York City.

Mr. Crimmins, 52, became Deputy Chief Litigation Counsel in 1993, after serving for six years as a trial attorney in the Division of Enforcement. During that time, he co-managed the Division's Trial Unit over a period of tremendous growth and change, and served as one of the Division's senior executives. He litigated and tried numerous cases charging fraud and other violations of the federal securities laws, and played a key role in the Commission's enforcement actions against a number of well-known entities, including Blinder Robinson & Co., Thomas James Associates, Prudential Securities Incorporated, BT Securities Corporation, and KPMG LLP.

Richard H. Walker, the SEC's outgoing Director of Enforcement, said, "Steve has been an Enforcement Division treasure for many years. He has litigated many significant Commission actions and provided a steady hand in helping to oversee the Division's litigation program. His good cheer, dedication, and deep knowledge have made him an invaluable resource and a beloved figure throughout all of the SEC's divisions and regional offices. He will be greatly missed."

The SEC Enforcement Division's Chief Litigation Counsel, David L. Kornblau, added, "Legions of SEC litigators and staff attorneys have long turned to Steve for insightful, creative, practical, and prompt advice. His integrity, decency, and selfless devotion to public service are legendary. I am grateful to him for his friendship and superb counsel, particularly during the last seven months when he has been my partner in leading the Trial Unit."

Mr. Crimmins said, "It has been a privilege to work with the exceptional people who make up the SEC's Enforcement Division. Their enthusiasm, expertise, and dedication to protecting investors have made this job truly a joy for all of my fourteen years here. Likewise, the new initiatives launched by Commission and Division leadership during my tenure have been exciting and professionally satisfying for me."

Before joining the Commission, Mr. Crimmins practiced law with Lord, Day & Lord in New York City and with Bingham, Dana & Gould in Boston. He received his law degree from Columbia University in 1973, and was Articles Editor of the Columbia Journal of Law & Social Problems. A native of Brooklyn, he received his undergraduate degree from Fordham University in 1970.



Modified: 07/16/2001