Erik R. Sirri, an economist with expertise in the structure of securities markets, has been named the new director of market regulation at the Securities and Exchange Commission."Erik brings to the SEC an exceptional insight into the future of securities exchanges, which has been a major focus of his work, and which will be indispensable in safeguarding the interests of investors as capital markets around the globe rapidly converge," said SEC Chairman Christopher Cox.

Sirri, 48, was the SEC's chief economist from 1996 to 1999. He is currently a visiting scholar at Harvard Law School and is a finance professor at Babson College, in Wellesley, Mass. He holds a bachelor's degree in astronomy from Caltech, an MBA from UC Irvine and a doctorate in finance from UCLA.

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