Helane Morrison is one of the most successful women in the United States’ legal sector. She started serving the Securities and Exchange Commission in 1996 and has made significant progress in the organization. Morrison spent the last three years working as an enforcement director of the San Francisco District Office. Her input has been valuable to the SEC, and this made her rise through the ranks. The chairperson of the SEC recently announced that she had been promoted to be the new chief of the San Francisco office.
Morrison’s primary functions at the organization will include heading all the examination and enforcement actions that will be conducted in areas that are under the jurisdiction of her district. The regions that she manages are Montana, North Nevada, Idaho, Washington, Oregon, Alaska, California, and Washington. Helane reports to the Los Angeles-based headquarters of the Pacific Region. The positions that she took over was formerly held by David Bayless. He had been the chief of the district for over five years, and he left the SEC to take a job that he had been offered by the Morrison & Foerster law company.
Helane’s service to the SEC has been outstanding. She has overseen many investigations that led to the action against top organizations such as Republic Securities of New York and Dean Writer. She was an attorney before joining the SEC, and her legal career was successful. Morrison served various clients who had been sued by the commission and those who were facing class action litigations. The securities specialists that were conducting investigations on behalf of the SEC also consulted her for legal services. The law companies that she has worked for include the Howard, Rice, Nemerovski, Canady, Falk & Rabkin firm.
At 46 years old, Helane Morrison has managed to be one of the women who hold senior offices at the SEC. Other female administrators are Valerie Caproni, Carmen Lawrence, and Mary Keefe. According to her, responsibilities at the San Francisco District’s enforcement and examination departments are rising. This has forced the organization to employ more workforce for it to serve the public efficiently. The number of staff members has increased from 30 to 60 in the past five years. The responsibility of the investigation department is to inspect the records of mutual funds, brokerage companies, and investment advisors. The enforcement staff receives reports from the investigators and takes the necessary action. Helane said that the SEC had provided information about online brokerage on its website.