under Judge Webster's capable leadership, I'm confident that this strong board will address the important issues it faces with wisdom and expedition.

Since I have taken on the leadership of the commission, we have been working hard to fix the problems that have created the current crisis of confidence, and we have been making enormous strides to correct the mistakes and abuses of the past,

We've identified those companies whose filings we think will require further review,

and American investors have lost a great advocate, the legacy that he has left behind will continue to serve them well.

wholly inadequate and incomplete.

kinder and gentler place for accountants.