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SEC Chief Accountant resigns

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11 Nov 2002

SEC Chief Accountant Robert Herdman has announced that he will step down immediately.

His resignation comes less than a week after that of SEC Chairman Harvey H. Pitt (see news story 5 November 2002). Mr. Herdman said he resigned "in light of recent events" – alluding to questions relating to the SEC's effort to select candidates for the five-member Public Company Accounting Oversight Board.

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