Nomination of Bevis Longstreth To Be a Member of the Securities and Exchange Commission

The President today announced his intention to nominate Bevis Longstreth to be a member of the Securities and Exchange Commission for the remainder of the term expiring June 5, 1982, vice John S. R. Shad. Since 1962 Mr. Longstreth has practiced law with the firm of Debevoise, Plimpton, Lyons & Gates, New York, N.Y. He was admitted to partnership in that firm in 1970. Mr. Longstreth has served as secretary on the Special Committee on Science and Law of the Association of the Bar of the City of New York in 1962-67. In 1967-79 he served as a member of the Committee on Professional Responsibility of the Bar Association. In 1963-73 he was a member, and later chairman, of the board of directors of Union Settlement Association, a neighborhood service and action agency.

Mr. Longstreth has written several publications on investment and behavioral research. He graduated from Princeton University (B.S.E., 1956) and Harvard Law School (LL.B., 1961). He served in the U.S. Marine Corps in 1956-58. He is married, has three children, and resides in New York, N.Y. He was born January 29, 1934, in Princeton, NJ.