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Office of the Press Secretary

For Immediate Release August 9, 1995

The President today announced his intent to nominate Isaac Hunt Jr. of Ohio and Norman Johnson of Utah to be members of the Securities and Exchange Commission (SEC).

Isaac C. Hunt Jr. is former dean and currently professor of law at the University of Akron School of Law, a position he has held since 1987. He taught securities law for seven of the eight years he served as dean. Previously, he was dean of the Antioch School of Law in Washington, D.C., where he also taught securities law. In addition, Hunt served during the Carter and Reagan administrations at the Department of the Army in the Office of the General Counsel as principal deputy general counsel (1979 to 1981) and as acting general counsel (1981). Earlier as an associate attorney, Hunt practiced in the fields of corporate and securities law, government procurement litigation, administrative law, and international trade. Hunt has also worked at the SEC as a staff attorney where he examined and analyzed registration statements, proxy statements, periodic reports and sales literature filed by registered investment companies pursuant to the Securities Act of 1933, the securities Exchange Act of 1934, and the Investment Company Act of 1940.

Hunt was born on August 1, 1937 in Danville, Va. He earned his B.A. from Fisk University in Nashville, Tenn., in 1957, and his LL.B. from the University of Virginia School of Law in 1962.

Norman Johnson is an attorney with Van Cott, Bagley, Cornwall and McCarthy in Salt Lake City, one of the largest law firms in Utah. Johnson has specialized in state and federal security law for many years. Previously, he was a trial attorney with the SEC where he was responsible for the development and handling of investigations and trials related to matters that came before the SEC and the federal courts. In addition, Johnson has taught business and securities law at Westminster College and at the University of Utah in Salt Lake City and has delivered numerous lectures on securities matters to professional organizations.

Johnson was born on September 28, 1930, in Boise, Idaho. He attended Brigham Young University and received his J.D. from the University of Utah College of Law.

The Securities and Exchange Commission is an independent, five-member, bipartisan commission charged with regulation and enforcement of laws pertaining to public offerings of securities; securities markets and persons conducting securities businesses; mutual funds and other investment companies; companies controlling electric or gas utilities; and investment counselors and advisors. The SEC also acts as an advisor to United States district courts in bankruptcy proceedings for debtor corporations in which there is a substantial public interest.