Boca Raton, Fla. (Nov. 11, 2002) -- Soon-to-be-former Securities and Exchange Commission chairman Harvey Pitt told a gathering of investors here that during his 15-month tenure in office he was "subjected to a climate of attack and partisanship."

In a speech delivered to attendees at the annual meeting of the Securities Industry Association, Pitt defended his term as SEC chairman and said he hoped his successor wasn’t subject to the same degree of criticism that he was.

Pitt cited his accomplishments such as forcing companies to certify their financials as well as helping the markets reopen shortly after the 9-11 attacks.

Pitt resigned as SEC chair Nov. 5 in the wake of controversy surrounding the appointment of William Webster to head the new Public Company Accounting Oversight Board.

--Electronic Accountant Newswire staff

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