Washington (Feb. 13, 2003) -- Lawmakers introduced a bill to streamline the hiring process for certain positions at the Securities and Exchange Commission.

House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) and Capital Markets Subcommittee Chairman Richard H. Baker (R-La.) on Tuesday introduced the Accountant, Compliance and Enforcement Staffing Act (H.R. 658), which would speed hiring by waiving the civil service hiring rules for accountants, economists and examiners seeking employment at the SEC. SEC lawyers are already exempt from the civil service rules.

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