Securities and Exchange Commission Historical Society
A.A. Sommer, Jr. and Harold Williams, November 1977



Chairman, U.S. Securities and Exchange Commission April 18, 1977 - March 1, 1981

"As each of us - securities professionals, corporate executives, investors, government regulators, and private citizens - struggles with the challenges facing the securities industry, it is key that we bear in mind the role which those markets play as an element in our overall social fabric. In our economy, the securities markets serve as the vehicle through which capital is channeled from private hands into what are, ultimately, national priorities - the creation of jobs, the provision of equipment and facilities necessary to produce the goods and services which define our standard of living, and the assurance of economic security for our citizens. In that sense, it is not an overstatement to say that the securities markets are at the heart of our society."

- Harold M. Williams (Address to the Securities Industry Association, December 1, 1977)

Visit the Exhibit
Save the Date
November 15, 2017

Deloitte Fireside Chat
Evolving Role of the Auditor

New in the Museum
Morgan Lewis Presents 2017

September 28 2017
Understanding Cybersecurity Regulation - Perspectives from Federal and State Regulators

Moderator: Joel Reidenberg. Presenters: Meredith Cross, Susan Axelrod, Michael Pieciak

Watch Now

15th Anniversary of the Sarbanes-Oxley Act

July 30, 2012 The Sarbanes-Oxley Act: The First Decade: Michael Oxley, Mark Beasley and Paul Sarbanes

Video Perspectives and Highlights from the Museum

Visit the Exhibit
Oral History

Tamar Frankel

Tamar Frankel

More Oral Histories >>

Permission for Use

The virtual museum and archive is copyrighted by the SEC Historical Society. The Society reserves the right to restrict access to or use of the museum by any user at any time.

Users are prohibited from sharing or downloading any material for publication or commercial purposes without written permission from the Executive Director. Requests for permission must be submitted by email and specify the material requested and for what purpose.

Material used with the Society's permission should be credited to: