FOR IMMEDIATE RELEASE                            2002-26


  Office of the Chief Accountant Selects Four Professional
                     Accounting Fellows

     Washington, DC, February 14, 2002 -– The Securities and
Exchange Commission’s Office of the Chief Accountant has
selected four Professional Accounting Fellows for two-year
terms beginning in June 2002.  They are:
     
*  D. Douglas Alkema, a Senior Manager from Deloitte &
   Touche LLP in the Seattle, Washington practice office;
     
*  Gregory A. Faucette, Senior Manager in Ernst & Young
   LLP’s National Accounting Office in New York;
     
*  Randolph P. Green, Experienced Manager in Andersen
   LLP’s Atlanta, Georgia practice office; and
     
*  Eric J. Schuppenhauer, Senior Manager in KPMG LLP’s
   Department of Professional Practice in New York.

     Alkema, Faucette, Green, and Schuppenhauer will join
the current Professional Accounting Fellows, Michael S.
Thompson and Carina B. Canedo and will replace outgoing
Professional Accounting Fellows R. Scott Blackley, J. Travis
Gilmer, David A. Kane, and E. Michael Pierce.

     At the Commission, the newly selected Professional
Accounting Fellows will work with the Chief Accountant and
be involved in the study and development of rule proposals
under the federal securities laws, liaison with the
professional accounting and auditing standards-setting
bodies, and consultation with registrants on accounting and
reporting matters.
     
      “These four individuals were selected in a highly
competitive process from a group of outstanding applicants,”
said Robert K. Herdman, Chief Accountant. “I am looking
forward to working with each of them as the SEC staff
tackles the many challenging issues that confront us.”
     
     
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