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Wednesday, August 03, 2005

Cox Is In!

by: Theresa Sim

Former Represenatative from California Chris Cox (R, Newport Beach) was sworn in as chairman of the SEC on Wednesday.

Cox's longtime acquaintance Federal Reserve Chairman Alan Greenspan performed the swearing-in ceremony.

"It is an honor to lead the Securities and Exchange Commission, and to be sworn in by so wise and able a champion of America’s capital markets," said Cox said.

Cox reports for his first day at the SEC on Thursday. He is slated to address the SEC staff.  

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