SEC ANNOUNCES TIMOTHY HENSELER TO BE DIRECTOR OF LEGISLATIVE AND INTERGOVERNMENTAL AFFAIRS

FROM: U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C., July 1, 2013 - The Securities and Exchange Commission today announced that Timothy B. Henseler has been named as Director of the agency's Office of Legislative and Intergovernmental Affairs, effective immediately.

Mr. Henseler was formerly the Deputy Director of the office and has served as its Acting Director since July 2012. He advises the Chair, Commissioners, and SEC staff on legislative matters, provides technical assistance on securities-related legislation to congressional committees and staff, and assists in preparing SEC testimony for congressional hearings.

"Tim has a firm grasp of the legislative process and a deep appreciation for the role that Congress plays," said Mary Jo White. "In the short time I have served as Chair of the Commission, I have benefited from his wise counsel and his broad knowledge of the securities laws."

Mr. Henseler added, "I am honored to have the opportunity to continue to work with Chair White, the Commissioners, and the expert staff at the SEC. I look forward to continuing to help the agency in fulfilling its critical mission."

Mr. Henseler began his career at the SEC in its Boston office, where he was an enforcement counsel from 2003 to 2009. He also has experience on Capitol Hill, having served as a legislative assistant to Sen. Carl Levin from 2001 to 2003, working on tax, budget, accounting, securities, and banking policy. In addition, he conducted witness interviews and analyzed complex structured finance transactions as part of the Senate Permanent Subcommittee on Investigations examination of Enron Corp.

Before working as a Senate staffer, Mr. Henseler was an associate with the law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C., in Boston. From 1998 to 1999, he was a law clerk for the Honorable George O'Toole, Jr., in the U.S. District Court for the District of Massachusetts.

Mr. Henseler received his J.D. from the Catholic University of America's Columbus School of law in 1998, graduating summa cum laude and first in his class. While attending law school he worked as an intern for Rep. Patrick J. Kennedy and as an extern for the Honorable Royce C. Lamberth in the U.S. District Court for the District of Columbia. He received his B.A. from Brandeis University in 1995, with majors in history and American studies.