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Author Topic: Securities Exchange Commission - Difficult to land?  (Read 11741 times)

Stephon Devante

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Securities Exchange Commission - Difficult to land?
« on: July 15, 2006, 07:19:15 PM »
How difficult is it to land a 1L or 2L summer internship with the SEC?

Also, is this "prestigious"?
Paradiso: Vanderbilt ($$), UNC ($$), Wake Forest ($$$$), William & Mary ($$)
Purgatorio: Duke (WL), Northwestern (WL)
Inferno: Texas, Michigan, Penn, Cornell, Virginia


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park7

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Re: Securities Exchange Commission - Difficult to land?
« Reply #1 on: October 07, 2006, 09:27:57 PM »
Good Q, anyone?

jacy85

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Re: Securities Exchange Commission - Difficult to land?
« Reply #2 on: October 08, 2006, 08:56:08 AM »
I have no idea about "prestigious"

Check to see if your school does a field placement/internship program.  The SEC may participate (they do at my school, so perhaps other offices would do the same at other schools).  I know a couple of people worked there last summer, and I have a friend working there now in an internship, so they do take interns.  I don't think anyone gets paid though, so if you're not willing to volunteer your time, you may be out of luck. (but this may also depend on the office; budgets may differ)

Bored 3L

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Re: Securities Exchange Commission - Difficult to land?
« Reply #3 on: October 12, 2006, 11:39:50 PM »
Probably fairly difficult as a 2L, less so as a 1L.  Right now virtually impossible to get hired after graduation as there is a general hiring freeze.  Keep in mind that the branch offices generally only have enforcement staff.  If you want to work in the other areas, like corp. fin, market regulation, etc., you'll have to go to DC.

LegalLatin78

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Re: Securities Exchange Commission - Difficult to land?
« Reply #4 on: October 13, 2006, 02:24:15 AM »
I have worked for the NASD & SEC, many of our interns went on to become staff attorneys.  Many of the staff attorneys became compliance specialists and in house counsel for the big firms.  They made awesome money.

Is it prestigious, I don't know.  Is it a good career move, absolutely (if you want to work securities).  Plus the hours and benefits are great.  Good place to get your feet wet.

KeNo

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Re: Securities Exchange Commission - Difficult to land?
« Reply #5 on: November 28, 2006, 05:08:04 PM »
~30 1L's and ~60 2L's in 2006 (couldn't find confirmed numbers). With the desirability to work for SEC and the career prospects I would assume this makes it highly competitive.
NYU'10

yalecollege06

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Re: Securities Exchange Commission - Difficult to land?
« Reply #6 on: April 22, 2007, 11:36:20 AM »
I'm working for the SEC in NY this summer. I think it only has an Enforcement Division there. However, they pay about $8.5k for 1Ls, which, while much lower than firms, is higher than I think almost any other gov/pub interest pays 1Ls.

GA-fan

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Re: Securities Exchange Commission - Difficult to land?
« Reply #7 on: April 24, 2007, 02:19:39 PM »
I was offered interviews for two smaller regional offices as a 1L (I'd already accepted elsewhere by the time I heard from them, which is the major drawback for the gov't as opposed to private firms). The attorneys and upperclassmen I know suggested it was great experience if you want to do securities (obviously) but it looks great for Fall OCI. As far as difficulty actually landing the gig after an interview, your guess is as good as mine.

easthall

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Re: Securities Exchange Commission - Difficult to land?
« Reply #8 on: May 12, 2007, 12:35:54 PM »
From what I know, the headquarters got 1,600 apps for the summer program.  Not sure if it counts MBAs or undergrads.

Consideration

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Re: Securities Exchange Commission - Difficult to land?
« Reply #9 on: May 16, 2007, 04:15:03 PM »
Point blank--It is hard as hell to get the internship.