FOR IMMEDIATE RELEASE                                    2001-19

                                
                                
     Public Affairs Director Chris Ullman Departs Commission
               for Office of Management and Budget



     Washington, DC, February 6, 2001 -- Securities and Exchange
Commission Office of Public Affairs Director Chris Ullman
announced today that he has left the Commission to serve as
Associate Director for Communications at the U.S. Office of
Management and Budget.  No successor has been named.

     Mr. Ullman said, "It has been a great honor and privilege to
serve Chairman Arthur Levitt, the Commission, and America's
investors these past four years.  This is a unique institution
filled with wonderfully talented and dedicated people and I will
miss it greatly.  I particularly thank the Office of Public
Affairs staff for their years of support and commitment to
excellence."

     During his tenure at the Commission, Mr. Ullman advised the
Chairman and senior officials on communications matters,
modernized and expanded the Commission's media outreach
activities, and promoted the use of plain English in all written
media materials.

     Prior to coming to the Commission in April 1997, Mr. Ullman
served in a variety of public and private sector communications
positions, including press secretary for the House Budget
Committee and public affairs manager at Citizens for a Sound
Economy.
     
     Mr. Ullman, 37, received his BA in political science from
the State University of New York at Binghamton.

                                
                                
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