Elizabeth Murphy is Associate Director (Legal) in the Division of Corporation Finance at the U.S. Securities & Exchange Commission.  She oversees the work of three offices within the Division:  the Office of Rulemaking, Office of Small Business Policy, and Office of Enforcement Liaison.  From 2009 until March 2014, Ms. Murphy served as the Secretary of the Commission, heading the office that prepares, reviews, and maintains records of Commission action and advises the Commission and the SEC staff on administrative practices and procedures.  From 2000 until 2009, she was Chief of the Division of Corporation Finance’s Office of Rulemaking.  In that role, she oversaw teams working on numerous rules, including many required by the Sarbanes-Oxley Act of 2002.

Ms. Murphy first joined the Division in 1986 as an attorney-advisor and was promoted to special counsel in 1987.  She was made a special counsel in the Division’s Office of the Chief Counsel in 1996 and later served as counsel to Commissioner Laura S. Unger.  She also has served as an adjunct professor in the LLM Degree Program at the Georgetown University Law Center. 

She graduated with honors from the University of Virginia in 1982 and received her law degree from the University of Notre Dame in 1985.  She is a member of the Virginia bar.