Corporate Governance

Diane Sanger and the SEC

By J. Robert Brown

Back in the 1980s, I worked in the counseling side of the General Counsel's Office at the SEC.  My boss was Diane Sanger, then an Assistant General Counsel.  She was one of, if not the smartest person I knew at the Commission and tough as nails, not something that earned her kudos with everyone in the Agency.  When we talked about pretty much every legal issue (and the 1980s was the era of takeovers, insider trading and the disclosure of merger negotiations), she would profess to wonder why corporate disclosure was such a tough issue.  She would sum it up by saying "Just tell the truth."

It was with great sadness that I only learned that Diane passed away in December, apparently unexpectedly, at the terribly young age of 55.  There will be a memorial at the SEC in April.  She was a good mentor and someone that embodied the goals and philosophy of the SEC at its best.

Full post as published by The Race to the Bottom on March 15, 2009 (boomark / email).