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Paula T. Dow,
Attorney General

Division of Consumer Affairs
Thomas R. Calcagni, Director



For Immediate Release:
June 21, 2011
For Further Information Contact:
Jeff Lamm, 973-504-6327
Neal Buccino, 973-504-6327

State Division of Consumer Affairs Announces Appointment Of Abbe R. Tiger as New Chief
of its Bureau of Securities

NEWARK Abbe R. Tiger, who has prior experience as both a securities regulator and an in-house attorney for a global financial services company, became the new Chief of the New Jersey Bureau of Securities on May 31, 2011.

"I am very pleased to return to public service at this time," said Tiger. "The severe economic downturn in recent years unfortunately has led to serious securities violations that have hurt many people. I look forward to working with the dedicated professionals of the New Jersey Bureau of Securities. We will be proactive in our regulatory oversight of investment professionals, our examination program and our enforcement of New Jersey's securities statutes and the Bureau's own rules."

Tiger began her career as a prosecutor in the District Attorney's Office of Kings County, New York. She left that position in 1987 to join the Division of Enforcement at the United States Securities and Exchange Commission in its Washington, D.C. headquarters.

During her eight-year tenure at the SEC, Tiger conducted numerous investigations into a wide range of securities matters, including insider trading, accounting fraud and market manipulation. Tiger spent the latter part of her time at the SEC as a Branch Chief supervising a group of attorneys who conducted the same types of investigations.

After fourteen years of public service, Tiger was recruited to join the Office of General Counsel of Merrill Lynch & Co. While at Merrill Lynch, she served in a variety of positions, spending her final seven years as the head of Merrill Lynch's Internal Reviews Group. In that capacity, she oversaw a group that investigated possible violations of firm policies as well as federal and state and self-regulatory organization statutes and rules. Tiger was responsible for recommending disciplinary sanctions for wrongdoers as well as reporting violations to various regulators.

Most recently, Tiger had her own law practice representing individuals in securities regulatory matters and litigation.

The N.J. Bureau of Securities regulates the operation of approximately 2,500 Broker-Dealer firms, 183,000 Registered Representatives, 2,700 Investment Advisory Firms and 24,000 Investment Adviser Representatives (IAR) that conduct business in New Jersey. All securities offered for sale in the state are required to be registered with the NJBOS as well.

The Bureau of Securities can be contacted toll-free within New Jersey at 1-877-I-INVEST (1-877-446-8378) or from outside New Jersey at 973-504-3600. The Bureau's web site is located at .


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