Harvey Goldschmid

From MarketsWiki
Jump to navigation Jump to search


CTS.JPG


Harvey Goldschmid
Harvey-j-goldschmid-1.jpg

The late Harvey Goldschmid was a former U.S. Securities and Exchange Commission member and the Dwight Professor of Law at Columbia University. He was an SEC member from 2002 to 2005, and helped lead the agency in responding to a flood of corporate accounting scandals. He died on February 12, 2015 at the age of 74.[1]

While at the SEC, he pushed for stricter oversight of auditors in the aftermath of the frauds at Enron and WorldCom. He also played an important role in setting new rules for the mutual-fund industry and helping exchanges move into the age of electronic trading. As general counsel in 1998 and 1999, he provided the legal underpinning for two of Chairman Arthur Levitt’s biggest achievements: prohibiting public companies from selectively disclosing market-moving information and barring brokers from making political contributions to win municipal-bond business. [2]

Background[edit]

Harvey Jerome Goldschmid was born on May 6, 1940, in the Bronx, where his father worked as a furrier and a postal worker.[3]

He served as Dwight Professor starting in 1984. Before that, he was an assistant professor (1970-71), an associate professor (1971-73), and a professor of law (1973-84) at Columbia.

One of two Democrats on the five-member SEC, he was appointed to the commission by President George W. Bush and sworn in on July 31, 2002, one day after the Sarbanes-Oxley corporate governance act, which he helped draft, was signed into law. During his tenure, the agency presided over the biggest overhaul of securities regulation since the 1930s.[4]

Commissioner Goldschmid served as general counsel of the SEC from 1998-99, and from January 1 to July 15, 2000, he was special senior advisor to SEC Chairman Arthur Levitt. [5]

Education[edit]

Goldschmid received a B.A. from Columbia University and a J.D. from Columbia Law School.

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian:
https://t.co/9qlDZIpxuF— John Lothian (@JohnLothian) August 19, 2022

View Page

@JohnLothian: @"Eventus: Exclusive news, industry insights, upcoming events and more" on @LinkedIn
@"Eventus: Exclusive news, industry insights, upcoming events and more"https://t.co/XFRgnkOjeo on @LinkedIn— John Lothian (@JohnLothian) August 19, 2022

View Page

@JohnLothian: LEADING THE CHARGE: THE CFTC REWRITEBy Kate Delp, DTCC Executive Director and General Manager, DTCC Data Repository (U.S.) LLC
LEADING THE CHARGE: THE CFTC REWRITEBy Kate Delp, DTCC Executive Director and General Manager, DTCC Data Repository (U.S.) LLC https://t.co/7segorrDeL— John Lothian (@JohnLothian) August 19, 2022

View Page

@business: The conservation charity founded by Prince William keeps its investments in a bank that is one of the world's biggest backers of fossil fuels, AP reports
The conservation charity founded by Prince William keeps its investments in a bank that is one of the world's biggest backers of fossil fuels, AP reports https://t.co/rkikmzWsTf— Bloomberg...

View Page

@JohnLothian: Futures for Kids Fun Run 2022 Tickets, Thu 29 Sep 2022 at 16:00 | Eventbrite
Futures for Kids Fun Run 2022 Tickets, Thu 29 Sep 2022 at 16:00 | Eventbrite https://t.co/22tP0wWCbZ— John Lothian (@JohnLothian) August 19, 2022

View Page

@JohnLothian: Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says via @YahooFinance
Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says https://t.co/r0LI8eU8tn via @YahooFinance— John Lothian (@JohnLothian) August 19, 2022

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.