Correction.

The article that appeared on Friday about the resignation of J. Carter Beese Jr. from the Securities and Exchange Commission misstated his new title. He will be a vice chairman of Alex. Brown International, where he will head the international capital markets group. Beese announced earlier this month that he would chair a group on regulatory reform of the capital markets under the auspices of the Center for Strategic and International studies -- a position he will hold while at Alex. Brown.

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