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Securities Industry Association: Cox An Excellent Choice For SEC Chairman- Opportunity For Commission To Re-Assess Burdensome, Duplicative, Costly Regs

Date 02/06/2005

Securities Industry Association President Marc E. Lackritz today said that Congressman Christopher Cox (R-CA) was an excellent choice to head the Securities and Exchange Commission. Lackritz urged the Senate to confirm Cox.

“Rep. Cox is a knowledgeable, experienced legislator with a demonstrated understanding of the capital markets – his leadership on securities litigation reform was instrumental in bringing efficiency and fairness to dispute resolution,” Lackritz said. “There are a number of important issues facing the SEC, and we look forward to working with Chairman-designate Cox in addressing them. SIA will continue to support the commission’s preeminence as the industry’s primary, national regulatory authority, and its efforts to enhance effective investor protection while providing relief from burdensome, costly, and unnecessary regulation.”