U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

SEC Northeast Regional Office Reopens in Manhattan



Washington, D.C., October 15, 2001 – We are pleased to announce that our office in New York City officially reopened today in a new location in the heart of the city's financial district. Our original offices were destroyed during the tragic events of September 11.

The new home of our Northeast Regional Office is in the historic Woolworth Building (233 Broadway) in lower Manhattan. Our employees have worked from several locations since they all were safely evacuated prior to the collapse of 7 World Trade Center.

SEC Chairman Harvey L. Pitt and Commissioners Isaac C. Hunt and Laura S. Unger welcomed returning staffers to their new office. New York Stock Exchange Chairman Richard Grasso, Nasdaq CEO Hardwick Simmons, American Stock Exchange Chairman and CEO Salvatore Sodano, U.S. Attorney for the Southern District of New York Mary Jo White, Acting U.S. Attorney for the Eastern District of New York Alan Vinegrad, and Assistant U.S. Attorneys Robert Khuzami and Eric Corngold also attended the reopening.

We commend the State and City of New York, Governor George Pataki, Mayor Rudolph Giuliani, Con Edison and Verizon for their heroic efforts in reopening the markets and helping us become the first federal agency displaced by the September 11 terrorist attacks to relocate its staff permanently in the financial district. We are also extremely grateful to the U.S. Attorney's Offices in Brooklyn and Manhattan, which generously provided us with office space in the interim and gave us a home to oversee our recovery efforts.

But our highest accolades are reserved for our New York-based staff, who have continued to fulfill their responsibilities while diligently reconstructing records to ensure that no case or investigation will be lost because of the temporary disruption.

"By their efforts since the tragedy, and through their ongoing commitment to the protection of our capital markets and individual investors, the employees of our New York office have shown the world that we will not waver from our duties even in the face of the most enormous physical and emotional obstacles. We owe each of them a tremendous debt of gratitude; they are genuine heroes," Chairman Pitt said.

The Northeast Regional Office and its 334 employees will occupy five floors of the Woolworth Building. All of the office's major furniture, equipment, telephones and computer systems necessary to resume operations are already in place. The SEC signed a 10-year lease for the property on September 26.



Modified: 10/15/2001