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News December 6, 2004 Issue

Roye to Leave?

Back in September, Division of Investment Management director Paul Roye dismissed rumors of his departure as "absolutely untrue." IM Insight continued to hear from industry sources that Roye was leaving, so last week we circled back to Roye. This time, the denial was not so emphatic. "Rumors of my departure are premature," he said. Meanwhile, the SEC announced that Laura Cox, one of Chairman William Donaldson’s three hand-picked senior managers, would depart for PricewaterhouseCoopers LLP.