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Securities Investor Protection Corporation Nomination of Hugh F. Owens To Be a Director.

December 28, 1977

The President today announced that he will nominate Hugh F. Owens, of Washington, D.C., for reappointment as a Director of the Securities Investor Protection Corporation for a term expiring December 31, 1979. The President also indicated that on confirmation by the Senate, Owens would be redesignated Chairman of the Corporation.

Owens was born October 15, 1909, in Muskogee, Okla. He received an A.B. from the University of Illinois in 1931 and an LL.B. from the University of Oklahoma in 1934.

Between 1934 and 1959, Owens practiced law in Illinois, Texas, and Oklahoma. He served in the U.S. Navy as lieutenant commander from 1942 to 1945. From 1959 to 1964, he was administrator of the Oklahoma Securities Commission.

Owens was appointed a member of the Securities and Exchange Commission by President Johnson in 1964. He served on the SEC until 1973, when he resigned to accept appointment as Chairman of the Securities Investor Protection Corporation.

Jimmy Carter, Securities Investor Protection Corporation Nomination of Hugh F. Owens To Be a Director. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/242784

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