PR: </td> <td nowrap>Oct. 25, 2001</td> <td>SEC Chairman Harvey Pitt Announces the Selection of Brian J. Gross as First Director of Communications</td></tr> <tr valign=top> <td nowrap>
he...@sec.gov
FOR IMMEDIATE RELEASE 2001-120
Stephen Cutler Named SEC Enforcement Director
Washington, DC, October 25, 2001 The Securities and
Exchange Commission today announced the appointment of
Stephen M. Cutler as Director of the Division of
Enforcement. In that role, Mr. Cutler will oversee the
Commissions enforcement program in Washington D.C. and in
11 regional and district offices throughout the country.
SEC Chairman Harvey Pitt said, "I am extremely pleased
that Steve Cutler will be our new Director of Enforcement.
He brings with him a long record of accomplishment, both
here at the Commission as well as in the private sector.
His keen intellect, superb judgment and passion for investor
protection have impressed me and everyone else with whom
hes worked. I am certain that the Commissions enforcement
programs will continue to flourish under Steves direction."
Mr. Cutler said, "I am delighted and honored to have
the opportunity to serve the Commission as the Director of
Enforcement. The Commission has a proud tradition of
vigorous and even-handed enforcement of the federal
securities laws. I look forward to continuing that
tradition in the days ahead.
Mr. Cutler, 40, succeeds Richard Walker as the
Commissions Director of Enforcement. Mr. Cutler came to
the Commission in January 1999 as the Deputy Director of the
Enforcement Division. Since his arrival, he has twice been
awarded the Chairmans Award for Excellence. Before coming
to the Commission, he was a partner at the Washington, D.C.
law firm of Wilmer, Cutler & Pickering, where he specialized
in securities enforcement and litigation, as well as broker-
dealer regulation and compliance.
He received his B.A. summa cum laude from Yale
University and his J.D. from Yale Law School, where he was
an editor of the Yale Law Journal.
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