JACKSON DAY SELECTED AS DEPUTY CHIEF ACCOUNTANT

Securities and
Exchange Commission Chief Accountant Lynn Turner today
announced the selection of Jackson M. Day to serve as a
Deputy Chief Accountant for the Commission.   In this
capacity, Mr. Day will share responsibilities for the day-to-
day operations of the office, including resolution of
accounting and auditing practice issues, rulemaking
projects, and private sector standard setting efforts.  Mr.
Day will join the Commission on September 15.

     Lynn Turner said, “I am delighted to have Jack join the
Office of the Chief Accountant.  Given his experience as a
partner at an accounting firm and Practice Fellow at the
Financial Accounting Standards Board, he brings to the
Office an in-depth background that will be of great value to
the Commission.”

     Prior to joining the Commission, Mr. Day was a partner
in Ernst & Young’s National Office of Professional Practice
in New York, where he consulted on complex transactions
related to financial instruments, revenue recognition,
securitization and Emerging Issues Task Force matters.   He
also represented Ernst & Young on various industry working
groups relating to financial instruments and revenue
recognition.   Mr. Day began his career at Ernst & Young’s
St. Louis office in 1986 as an auditor and served in various
positions at Ernst & Young throughout his career.  He was
admitted as a partner in 1999.
     
     From 1997 to 1999, Mr. Day served as a Practice Fellow
at the Financial Accounting Standards Board, where he
focused on complex and unique accounting issues, worked with
senior executives of the Big Five accounting firms, and
coordinated with regulators, including the SEC.

     Mr. Day, 36, graduated in 1986 from Kansas State
University with a B.S. in Business Administration.  He is a
member of the AICPA and the KSCPA.