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Chief Accountant to Leave SEC

The departure of Donald Nicolaisen creates another important slot for chairman Christopher Cox to fill.

> > Nicolaisen was appointed to the post in September 2003 by former chairman William Donaldson; his departure creates another important slot for chairman Christopher Cox to fill. Cox is already looking for directors to head the divisions of market regulation and investment management.
Since he joined the commission, Nicolaisen has had his hands full. He has been heavily involved in the decision to postpone the implementation of Sarbanes-Oxley Section 404 several times, and he has even supported efforts by small companies to scale back certain provisions. Nicolaisen also played a key role in efforts to expense the value of stock options.
Source: CFO


Published:2005-09-08
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