Helane L. Morrison is a long serving employee of the Securities and Exchange Commission. She joined it in 1996 and had held various positions at the institution. Morrison spent the last three years at the commission’s San Francisco district office serving as a director of enforcement programs. She has made noteworthy contributions to the organization, and this led to her appointment as the chief of the San Francisco district. Her promotion was announced by the chairperson, Arthur Levitt.
In her new position at the SEC, Helane will be heading the examination and enforcement programs that occur in areas that are under the San Francisco district’s territory. These places include Idaho, Washington, Alaska, North California, North Nevada, and Oregon. The Los Angeles-based Pacific Region office controls the San Francisco district. Morrison’s office was formerly held by David Bayless who is currently serving the Morrison & Foerster law company.
Helane oversaw several inquiries when she was at the investigation department of the SEC. Some of her inspections led to the action against the Dean Witter, Republic Securities of New York, and the California Micro Device. He career before being hired by the SEC was also successful. She offered representation to various corporations and individual who were sued by the SEC. Morrison also battled class action in court on behalf of her clients. She made appearances at arbitrations to offer legal solutions to intermediaries and stock exchange firm that were being litigated by customers. The San Francisco-based Howard, Rice, Nemerovski, Canady, Falk & Rabkin also hired her as one of its associates. Helane was employed as a clerk in the U.S Appeal Court and the Supreme Court where she served Judge Richard A. Posner and Justice Harry Blackmun respectively.
The attorney is currently 46 years old, and she has managed to be a district chief at the SEC. Only a few other women have accomplished that, and they are Carmen Lawrence, Valerie Caproni, and Mary Keefe, who are currently serving as chiefs of the New York District, Los Angeles District, and the Chicago District. There has been a rise in the workload in the San Francisco office’s investigation and enforcement departments. According to Morrison, this has led to the doubling of the number of staff members from 30 to 60. The investigation unit conducts inquiries by examining the books of investment advisors, mutual funds, and brokerage companies. The enforcement division takes action depending on the report that it receives from the investigators.