SEC Press press_release 5 KB 2,023 chars

Visiting Academic Scholars Appointed to the Office of Economic Analysis

Release: 2005-126

summary

The SEC announced the one-year academic appointments of Dr. Bjorn Jorgensen and Dr. Christophe Bisiere as Visiting Academic Scholar and Economic Consultant, respectively, with no fraud, charges, or legal outcomes involved—only research support on derivatives, corporate governance, and market microstructure.

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The Securities and Exchange Commission appointed Dr. Bjorn Jorgensen, a professor from Columbia University, as a Visiting Academic Scholar, and Dr. Christophe Bisiere, a professor from Toulouse University, as an Economic Consultant, both for one-year terms. Neither individual faced any allegations of fraud, misconduct, or legal charges; their roles were purely academic and focused on supporting SEC research in areas such as accounting for derivatives, employee stock options, corporate governance, and market microstructure. No financial penalties, dollar amounts, or enforcement actions were associated with these appointments, which were administrative and non-enforcement in nature.

narrative

The Securities and Exchange Commission announced on September 6, 2005, the appointment of Dr. Bjorn Jorgensen and Dr. Christophe Bisiere to its Office of Economic Analysis for one-year terms as Visiting Academic Scholar and Economic Consultant, respectively. Jorgensen, an expert in accounting disclosures and valuation of marketable securities from Columbia University, and Bisiere, a specialist in empirical market microstructure from Toulouse University, were brought on to support non-enforcement research initiatives. Their work was intended to assist the SEC on priority topics including derivatives accounting, employee stock options, corporate governance, and trading practices. There were no allegations of fraud, misconduct, or legal violations against either individual; the appointments were purely academic and advisory. No financial penalties, settlements, or enforcement actions were involved, and the announcement was strictly administrative. Both scholars were selected for their academic expertise, not for any investigative or prosecutorial role. The SEC emphasized that their contributions would align with research priorities, not enforcement outcomes. This was a routine hiring of external academics to enhance the agency’s analytical capacity, not a case of wrongdoing or legal resolution.

Enriched metadata

Scheme: non-corporate (100%)

Classified non-corporate(confidence 100%). No EDGAR filing fingerprint (criminal/DOJ-side scheme). detection rule →

Extracted insights

Entities 3

company 1999 from northwestern university in accounting and information systems
agency economic consultant at sec office of economic analysis
agency visiting academic scholar at sec office of economic analysis

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Dr. Bjorn Jorgensen appointed as Visiting Academic Scholar at SEC Office of Economic Analysis
Dr. Christophe Bisiere appointed as Economic Consultant at SEC Office of Economic Analysis
Dr. Bjorn Jorgensen is Gary Winnick and Martin Granoff Associate Professor of Business at Columbia University
Dr. Christophe Bisiere is Professor of Finance at Toulouse University
Dr. Bjorn Jorgensen received Ph.D. in 1999 from Northwestern University in Accounting and Information Systems
Dr. Christophe Bisiere received Ph.D. in 1994 from Aix-Marseille University in Economics
Dr. Bjorn Jorgensen will work on accounting for derivatives, employee stock options, and corporate governance issues
Dr. Christophe Bisiere will work on market microstructure and trading practices

View original SEC press releasesec.gov

Extracted body text (2,023c)

VISITING ACADEMIC SCHOLARS APPOINTED TO THE OFFICE OF ECONOMIC ANALYSIS FOR IMMEDIATE RELEASE 2005-126 Washington, D.C., Sept. 6, 2005 - The Securities and Exchange Commission's Office of Economic Analysis today announced the appointment of Dr. Bjorn Jorgensen as a Visiting Academic Scholar for a one-year term. Simultaneously, OEA announced the appointment of Dr. Christophe Bisiere as an Economic Consultant for a one-year term. Jorgensen is currently the Gary Winnick and Martin Granoff Associate Professor of Business at Columbia University's Graduate School of Business, while Bisiere is currently a Professor of Finance at Toulouse University, France. Jorgensen received his Ph. D. in 1999 from Northwestern University in Accounting and Information Systems, specializing in accounting disclosures. His area of expertise is valuation of and accounting for marketable securities. His research has focused on measurement, management and disclosure of risk. Specifically, his recent research examines managers' incentives for purchasing insurance and the stock market reaction to risk disclosures. Bisiere received his Ph. D. in Economics in 1994 from Aix-Marseille University, France, specializing in Finance. His main area of expertise is empirical market microstructure. His recent research has focused on fragmentation and imperfect competition in financial markets, showing that in addition to the competition between liquidity suppliers within a marketplace, competition between trading mechanisms plays an important role. While at the Commission, Jorgensen will join other researchers on projects involving work on accounting for derivatives, employee stock options and issues related to corporate governance, as well as other areas as dictated by SEC priorities. Bisiere will join other researchers on projects involving work on market microstructure and trading practices, as well as other areas as dictated by SEC priorities. http://www.sec.gov/news/press/2005-126.htm Home | Previous Page Modified: 09/06/2005

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