Chair of the U.S. Securities and Exchange Commission. A former partner at Winston & Strawn in Chicago, he was appointed chair of the SEC by President Nixon. Resigned 10 weeks after taking office in March 1972 when it was disclosed that he had altered an SEC complaint against financier Robert Vesco at the behest of Maurice Stans, chief Nixon campaign fundraiser. Provided false testimony to a federal grand jury and Senate subcommittee. Nebraska law license was suspended for three years. JD from the University of Nebraska College of Law.