August 09, 2007

Statement of Senator Dodd, Chairman of the Senate Committee on Banking, Housing and Urban Affairs, on Departure of Roel Campos at SEC

“I appreciate the distinguished service of Roel Campos. His work in the implementation of Sarbanes-Oxley, his role in the development and oversight of the Public Accounting Oversight Board, and his promotion of cooperation among securities regulators and accounting bodies internationally have enhanced the stature of the Commission and effectively promoted investor protection and the fairness and efficiency of the securities markets. “The American securities markets are vital to the economic welfare of the country and significantly influence the world economy. The SEC plays a critical role in promoting the integrity and efficiency of those markets and in protecting investors. We need strong leadership on the Commission to discharge those responsibilities and inspire confidence and respect in the markets. I am committed to finding a successor who meets the highest standards of ability, experience, and judgment.”