Securities and Exchange Commission Historical Society

This Week in SEC History

May 27, 1947 - the Supreme Court decided SEC v Howey against a Florida promoter of orange groves and management contracts. As a “joint enterprise with the profits to come from the efforts of others,” Paul Gonson explained, this was a security. The “Howey Test” is still used today.

1999 SEC Commission: Paul R. Carey, Norman S. Johnson, Arthur Levitt, Isaac C. Hunt, Jr., Laura S. Unger

Isaac C. Hunt, Jr. - A Retrospective
August 1, 1937 – October 29, 2017

The year 2022 marks the 60th anniversary of the year – 1962 – in which Isaac “Ike” C. Hunt, Jr. became the second African American to graduate from the University of Virginia School of Law. He also began his first job at the U.S. Securities and Exchange Commission that year. After 5 years at the Commission he left and for the next three decades worked in various posts in government, private practice, and academia, including dean of two law schools. He returned to the SEC as Commissioner in 1996 and served in that role until August 2002.

In this new exhibit, we present a retrospective of Hunt’s admirable career through the lens of quotes from his colleagues and from himself. The excerpts are primarily from items in the collection of the Virtual Museum, supplemented with artifacts from two additional public sources: the US Securities and Exchange Commission and the University of Virginia School of Law. All items may be fully accessed through the links provided.

Visit the Exhibit


The Society Welcomes New Board Officers, Trustees and Advisors (as of January 1, 2022)

2022 Officers of the Board of Trustees

New Trustees

(Full Board of Trustees)

New Advisors

(Full Board of Advisors)


The Commission’s Advocates: Ferber, Gonson, Stillman, and the SEC Solicitor’s Office

On November 18, 2021 the SEC Historical Society conducted a live broadcast on the evolution of the SEC Solicitor’s Office, focusing especially on the careers of the Commission’s first three Solicitors: David Ferber (Solicitor from 1964 – 1980), Paul Gonson (Solicitor from 1980 – 1999), and Jacob H. Stillman (Solicitor from 1999 – 2014). Panelists included David M. Becker, Michael A. Conley, Daniel L. Goelzer, and Harvey L. Pitt, and was moderated by historian Kenneth Durr.


A Decade of SEC Enforcement Specialization

This program explores the evolution, successes and challenges of the Division’s specialized units over the last decade.

This program is made possible with the support of Morgan, Lewis and Bockius, LLP.

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: