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SEC Hires Former Ernst & Young Partner


WASHINGTON, D.C., Aug. 28, 2000 (SmartPros) The Securities and Exchange Commission has named a former Ernst & Young partner to serve as a deputy chief accountant.



Jackson M. Day, who replaces Jane Adams, will join the Commission on Sept. 15 and "will share the responsibilities for the day-to-day operations of the office, including resolution of accounting and auditing practice issues, rulemaking projects, and private sector standard setting efforts," the SEC said.

Prior to joining the Commission, Day was a partner in E&Y's National Office of Professional Practice in New York, where he consulted on transactions related to financial instruments, revenue recognition, securitization and Emerging Issues Task Force matters. He also represented E&Y's St. Louis office in 1986 as an auditor and served in various positions at E&Y throughout his career. He was admitted as a partner in 1999.

From 1997 to 1999, Day served as a Practice Fellow at the Financial Accounting Standards Board, where he focused on accounting issues, worked with senior executives of the Big Five accounting firms, and coordinated with regulators, including the SEC.

-- SmartPros News Staff

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