Conf 09-Securities Board Members
SENATE COMMITTEE ON FINANCE
|Votes: View--> ||Action Taken: |
|Refer the appointments of Paul E. Washington and H||PASS|
10:14 AM -- Confirmations of Securities Board
Mr. Paul E. Washington and Mr. Herrick K. Lidstone, appointees to the Colorado Securities Board, described their background and interest in serving on the board. A copy of the appointees' applications and resumes are attached as Attachment A. Mr. Washington began by giving the committee background about his career and education. He explained to the committee that he started his own securities firm and has extensive experience in this area. Mr. Washington also teaches business classes at the University of Colorado Law School.
(Attachment A can be viewed at State Archives)
Mr. Lidstone also provided information about his career and legal practice. Mr. Lidstone currently teaches securities regulation at the University of Colorado Law School. He said he has written and published books about securities law, and provided the committee with background information about his previous work on the Securities Board.
Mr. Lidstone responded to questions from the committee about the regulation of hedge funds in Colorado and the federal level. Mr. Washington also responded to questions from the committee about the current market, and discussed the tightening credit market, and availability of loans for businesses in Colorado.
|BILL:||Confirmations of Securities Board |
|TIME: || 10:25:44 AM|
|MOTION:||Refer the appointments of Paul E. Washington and Herrick K. Lidstone, Jr., to the Securities Board to the full Senate with a favorable recommendation. The motion passed 7-0.|
Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS