FOR IMMEDIATE RELEASE                                    2000-168

              Estee S. Levine Named Director of the
      Office of Congressional and Intergovernmental Affairs
                                
     Washington, DC, November 7, 2000 -- Securities and Exchange
Commission Chairman Arthur Levitt today named Estee S. Levine
Director of the Office of Congressional and Intergovernmental
Affairs.  Ms. Levine, currently Counsel to Chairman Levitt,
succeeds Tracey E. Aronson, who was recently named Chief of Staff
to the Chairman.

     Chairman Levitt said, "Estee is an integral part of my
management team.  As Counsel she has played an important role in
the various policy issues facing the Commission these past seven
months.  I look forward to Estee's continued wise counsel as she
begins this new critical role."

     As Director of the Office of Congressional and
Intergovernmental Affairs, Ms. Levine will serve as the principal
counsel to Chairman Levitt and the Commission on legislative and
intergovernmental matters.  Prior to becoming Counsel to Chairman
Levitt in March 2000, Ms. Levine served as Senior Special Counsel
in the SEC's Office of the General Counsel, specializing in
issues involving corporation finance, accounting, and
international affairs.  Prior to joining the Commission in 1997,
Ms. Levine practiced corporate and securities law at the law firm
of Baker & Botts, LLP in Washington, DC.

     Ms. Levine, 34, earned both her J.D. and B.A. degrees from
Duke University.

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