On December 8, 2016, the US Securities and Exchange Commission announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. Upon Mr. Ceresney's departure, Stephanie Avakian, Deputy Director of the SEC's Enforcement Division, will become the Acting Director.

The SEC press release is available at: http://www.sec.gov/news/pressrelease/2016-259.html.

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