SEC hires new deputy general counsel

The Securities and Exchange Commission announced that securities lawyer Andrew N. Vollmer will serve as its deputy general counsel.Vollmer, 52, is a partner in the international law firm of Wilmer Cutler Pickering Hale and Dorr LLP, and has represented corporate clients in SEC investigations and proceedings. He currently serves as vice chair of the firm's Securities Department, and previously served as one of two partners managing the London office.

"He brings a keen intellect and broad and deep experience to the task of investor protection," said SEC general counsel Brian Cartwright. "His strong management background will help us all work together efficiently and effectively."

Vollmer has frequently spoken and written on securities law, and co-wrote a 2004 study on internal corporate investigations. He succeeds Meyer Eisenberg, who retired in January.

It was also announced that:

* Susan Ferris Wyderko, director of the Office of Investor Education and Assistance, will leave the SEC in June to become executive director of the nonprofit Independent Mutual Fund Directors Forum.

Wyderko had been in the position since 2000 and had held other senior jobs within the SEC, most recently as the commission's acting director of the Division of Investment Management in early 2006.

* Jeffrey Risinger has been named acting executive director, replacing Jim McConnell, who retired from the agency after 20 years. Risinger joined the SEC in 2005 as director of human resources.

* Alan Beller, who led the rule-making effort to implement Sarbanes-Oxley, will return to private practice at law firm Cleary Gottlieb Steen & Hamilton. He left his post as director of the Division of Corporation Finance in February, and was replaced by John White, a former partner at New York law firm Cravath, Swaine & Moore.

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