Alan L. Beller


Alan Beller served as the Director of the Division of Corporation Finance and as Senior Counselor to the Commission from January 2002 until February 2006. During his four-year tenure, Mr. Beller led the Division in producing the most far-reaching corporate governance, financial disclosure, and securities offering reforms in Commission history. Among his accomplishments were the implementation of the corporate provisions of the Sarbanes-Oxley Act of 2002, the adoption of corporate governance standards for listed companies, and the successful completion of comprehensive securities offering reforms.

Recent representations include Citigroup in its $17 billion common equity offering and exit from TARP and its $58 billion equity exchange offer. Mr. Beller has represented the Federal Reserve Bank of New York including in connection with matters involving Lehman Holdings Inc., and represented the advisers to U.S. Treasury in connection with the conservatorship of Fannie Mae and Freddie Mac. He has also represented companies, independent directors, and audit committees in connection with financial reporting and other disclosure matters, accounting restatements, compensation issues, director and auditor independence issues, and other matters. Notable earlier transactions in which Mr. Beller was involved included the demutualization and initial public offering of Prudential Insurance Company, the initial public offering of Goldman Sachs, the initial public offering of Instinet, and the privatization and initial public offering of Singapore Telecom.

Mr. Beller is a trustee of the IRFS Foundation, which is responsible for governance and oversight of the International Financial Accounting Standards Board, and International Financial Financial Reporting Standards, the global system of accounting standards used in more than 130 countries.   Mr. Beller is a member of the Sustainability Accounting Standards Board, which is developing industry-specific sustainability accounting standards that help public companies disclose materials and provide useful information to investors. He is also a member of the Board of Directors and the Audit and Risk Committees of The Travelers Companies, Inc., a Dow Jones company, and on the Board of Overseers of the University of Pennsylvania Law School.

Mr. Beller is currently senior counsel at Cleary Gottlieb which he joined in 1976, became partner in 1984, and returned to Cleary Gottlieb in August 2006. From 1977 to 1981, he was resident in the Paris office and from 1990 to 1993, he was resident in the Tokyo office. Mr. Beller received a J.D. degree, magna cum laude, from the University of Pennsylvania Law School and graduated from Yale College, cum laude, in 1971.