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U.S. Securities and Exchange Commission

Paula Dubberly Named to New Deputy Director Position in Division of Corporation Finance


Washington, D.C. July 16, 2010 — The Securities and Exchange Commission today announced that Paula Dubberly has been named to a new Deputy Director position in the Division of Corporation Finance.

In her new role as Deputy Director for Policy and Capital Markets, Ms. Dubberly will oversee two new offices to be created in the Division. One of the new offices will focus exclusively on asset-backed securities and other structured finance products. The other will review new securities products and capital markets trends, and develop recommendations for changes to enhance investor protection in securities offerings. Ms. Dubberly also will continue to lead the Division's rulemaking efforts through her oversight of the Division's rulemaking office.

"Paula has a deep understanding of complex financial products and the needs of investors in this critical market segment," said Meredith Cross, Director of the SEC's Division of Corporation Finance. "She is uniquely suited to anticipate trends and quickly respond to changes in capital raising techniques. I am very grateful that she is willing to take on this challenging new role."

Ms. Dubberly joins fellow Division of Corporation Finance deputy directors Brian Breheny, who oversees the legal and regulatory program, and Shelley Parratt, who oversees disclosure operations.

Ms. Dubberly joined the Division of Corporation Finance as an attorney in 1992. She has served in many roles in the Division including Assistant Director for disclosure operations, Chief Counsel, and Associate Director (Legal) overseeing the Division's rulemaking efforts and its Office of Enforcement Liaison.

Ms. Dubberly received her JD from the American University Washington College of Law in 1989 and received her BA in political science from George Washington University in 1983. She received the SEC's Distinguished Service Award for 2009.

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Modified: 07/16/2010