The Legal Profession of Helane Morrison and her work at SEC.
Helane L. Morrison is a well-recognized professional in the legal and securities sector. She has been working with the Securities and Exchange Commission since 1996 and has served at the San Francisco District Office as the director of enforcement programs for the past three years. Morrison’s is a diligent person, and her efforts have been recognized by the SEC, which made her be the district’s chief. Her promotion was announced by the chairman of the SEC, Arthur Levitt.
The new position will make Morrison head of the examination and enforcement plans that are under the authority of her office in San Francisco. Her jurisdiction is in Oregon, Alaska, Washington, Idaho, North California, Northern Nevada, and Montana. The San Francisco division is part of the Pacific Region, which is headquartered in Los Angeles. David Bayless was the former head of the office, and he had served it for five years before quitting in June to join the Morrison & Forester law company.
Helane has spearheaded various inquiries since she was employed by the SEC in 1996. Her investigations led to law enforcement against Dean Witter, California Micro Device’s auditor, and Republic Securities of New York. Before joining the SEC, Morrison worked as a lawyer, and she offered her services to clients who were litigated by the SEC. She also represented individuals who had securities class action cases and assisted securities experts who were carrying out investigations on behalf of the SEC. Helane also offered representation in arbitrations to defend agents and brokerage firm in lawsuits that were filed by their clients. She worked for the Howard, Rice, Nemerovski, Canady, Falk & Rabkin law firm, which has its offices in San Fransisco. Other positions that she has held in the legal sector include being the clerk of Justice Richard A. Posner and Justice Harry Blackmun of the U.S. Court of Appeals and the Supreme Court respectively.
Morison is currently 46 years old, and she is one of the few females who have managed to work for the SEC. The rest are Valerie Caproni of Los Angeles, Mary Keefe of Chicago, and Carmen Lawrence of New York. The SEC has increased its number of employees in the San Francisco from 30 to 60 in last five years. Helane said that amount of work in the examination and enforcement has currently increased. The investigation staff inspects books of mutual funds, brokerage companies, and investment advisors. It then passes information to the enforcement staff to take the necessary action.