Nomination of James W. Fuller To Be a Director of the Securities Investor Protection Corporation

The President today announced his intention to nominate James W. Fuller to be a Director of the Securities Investor Protection Corporation for the term expiring December 31, 1986. This is a reappointment. Mr. Fuller has been a Director of the Securities Investor Protection Corporation since 1982. He is partner and chief executive officer for Presidio Management-James Fuller & Co. in San Francisco, CA. Previously, he was senior vice president, marketing, for the Charles Schwab Corp. in 1980-1983; senior vice president, marketing and public information, for the New York Stock Exchange in 1977-1980; manager, investment industries program for SRI International in 1974-1977; and vice president of Shields & Co. in 1972-1974.

He graduated from San Bernardino Valley College (A.A., 1960), San Jose State University (B.S., 1962), and California State University (M.B.A., 1969). He is married, has two children, and resides in San Francisco, CA. He was born April 3, 1940, in Rochester, IN.