Washington, D.C., July 17, 2006 – LAWFUEL – Law News Network – Kathleen L. Casey was today sworn in as 88th SEC Commissioner by Chairman Christopher Cox. Commissioner Casey was appointed by President George W. Bush to be a Commissioner of the Securities and Exchange Commission on May 18, 2006.
Chairman Cox said, “We are enormously fortunate to have Kathleen Casey joining us. As the Staff Director of the Senate Committee on Banking, Housing and Urban Affairs for the past three and a half years, Kathleen brings to us an invaluable wealth of experience. She is strongly committed to safeguarding the interests of investors, and to maintaining the health of the securities markets on which capital formation, and our nation’s economic health, depend.”
Prior to being appointed Commissioner, Ms. Casey spent 13 years on Capitol Hill. She served as Staff Director and Counsel of the Senate Banking, Housing, and Urban Affairs Committee. Ms. Casey was primarily responsible for guiding the Chairman’s and Committee’s consideration of, and action on, issues affecting economic and monetary policy, international trade and finance, banking, securities and insurance regulation, transit and housing policy, money laundering and terror finance.
From 1996-2003, Commissioner Casey served as Legislative Director and Chief of Staff, respectively, for Senator Richard Shelby (R-AL). As Legislative Director, Commissioner Casey was instrumental in the drafting and passage of several laws. In her capacity as Chief of Staff, Ms. Casey acted as key advisor on all policy and political matters.
From 1994-1996, Ms. Casey served as Staff Director of the Subcommittee on Financial Institutions and Regulatory Relief, Senate Banking Committee. Commissioner Casey also served Senator Shelby as Legislative Assistant from 1993-1994, during which she was responsible for handling all tax, budget, and finance policy matters.
Ms. Casey was born in Tripoli, Libya. A member of the State of Virginia and District of Columbia bars, Commissioner Casey received her J.D. from George Mason University School of Law in 1993. She received her B.A. in International Politics from Pennsylvania State University in 1988.