© Reuters. FILE PHOTO: Former U.S. Securities and Change Fee chairman Harvey Pitt participates in a roundtable dialogue with different prior chairmen on the Council on Overseas Relations in New York February 22, 2006. REUTERS/Seth Wenig
(Reuters) -Harvey Pitt, former chairman of the U.S. Securities and Change Fee, has died on the age of 78, Bloomberg Legislation reported on Wednesday.
Pitt died on Could 30, the report stated, citing Jane Cobb, government director of the SEC Historic Society.
Pitt headed the SEC from 2001 to 2003, a tenure that was mired by the high-profile accounting scandal at Enron Corp. He additionally managed the closing of the markets after the 9/11 assaults.
His resolution to nominate former FBI head William Webster to run the then-newly created SEC’s accounting watchdog Public Firm Accounting Oversight Board in 2002 generated large controversy, which in the end led to each him and Webster to resign from their posts.
After SEC, Pitt moved to move enterprise consulting agency Kalorama Companions.
