FOR IMMEDIATE RELEASE 2001-124 SEC CHAIRMAN HARVEY PITT ANNOUNCES THE SELECTION OF MICHAEL W. ROBINSON AS DIRECTOR OF PUBLIC AFFAIRS Washington, DC, October 26, 2001 – Securities and Exchange Commission Chairman Harvey L. Pitt today announced the selection of Michael W. Robinson as Director of the Office of Public Affairs, Policy Evaluation, and Research. Mr. Robinson 37, will serve as the SEC’s principal spokesperson and raise public awareness of the Commission’s mission and actions. Prior to joining the Commission, Mr. Robinson was Vice President of Corporate Communications at the Arlington, Va.- based investment firm of Friedman Billings Ramsey. Previously, he was a spokesman for Mobil Corporation, and the National Association of Securities Dealers. Mr. Robinson also served at the Department of Justice and the White House from 1989-1991. Chairman Pitt said, “We are delighted that Michael has joined the SEC. His experience in the securities industry, coupled with his ability to understand complicated issues and create clear explanations, will be a tremendous asset to us.” Mr. Robinson received his B.A. degree from the S.I. Newhouse School of Public Communications and the Maxwell School of Citizenship at Syracuse University. # # #