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Donald M. Hoerl Named Acting Regional Director Of The SEC's Central Regional Office

Date 17/03/2006

Securities and Exchange Commission Chairman Christopher Cox today named Donald M. Hoerl as the Acting Regional Director of the SEC's Central Regional Office. The office, located in Denver, Colorado, conducts examination and enforcement activities in Colorado, North Dakota, South Dakota, Utah, Wyoming and New Mexico.

Mr. Hoerl currently serves as the Associate Regional Director for Enforcement in the Central Regional Office - a position he has held since 1997.

Linda Thomsen, the SEC's Director of Enforcement said, "I am very pleased that Don has agreed to serve as Acting Regional Director in our Central Regional Office. He is an excellent lawyer who has played a large role in many of the successful cases brought by the Regional Office over the past several years. I know that Don will continue the SEC's effective enforcement presence in that part of the country. I look forward to working with him in his new role during this interim period."

Director of the Office of Compliance Inspections and Examinations, Lori Richards stated, "Working with the outstanding examination staff in the Denver Office, as well as with the staff of the Salt Lake Office, Don will do an excellent job in maintaining examination oversight of firms in the region for the protection of investors."

Mr. Hoerl said, "I am honored that Chairman Cox has asked me to lead the Central Regional Office until a permanent Regional Director in named. The staff of the regional office has long enjoyed a tradition of excellence and outstanding public service. I look forward to sustaining that tradition in this position."

Prior to his appointment to this post, Mr. Hoerl was the District Administrator of the Commission's Philadelphia District Office for a period of four years and also served as the District Administrator of the SEC's Salt Lake District Office for six years. He began his career with the Commission in 1982 in the Commission's Denver Office as a trial counsel. Before joining the SEC, he was an Assistant United States Attorney in Denver for over five years.

Mr. Hoerl received his B.A. degree from the University of California, Los Angeles and his JD degree from the University of Colorado School of Law.