Pa. Banking and Securities Secretary Names Deputy Secretary for New Banking and Securities Department

Western Pennsylvania Lawyer to Lead Securities Regulation Efforts

HARRISBURG, Pa., Oct. 5, 2012 /PRNewswire-USNewswire/ -- Secretary of Banking and Securities Glenn E. Moyer today announced Aimee A. Toth of Pittsburgh as Deputy Secretary for Securities in the new Department of Banking and Securities.

The Deputy Secretary for Securities will oversee the administration and all operations related to the regulation of the securities industry in Pennsylvania. Toth will begin as Deputy Secretary for Securities on Oct. 9.

"We are pleased and privileged that an experienced and dedicated professional such as Aimee will be joining the Banking and Securities team," Moyer said. "The securities industry can be assured that Aimee will provide informed leadership of the highest professional caliber."

The creation of the Deputy Secretary for Securities position was made necessary by the merger of the PA Securities Commission into the PA Department of Banking, which became effective Oct. 1. The merger was designed to reduce the size and cost of overseeing the financial services industries in Pennsylvania, with initial savings to the taxpayers of at least $2 million.

Toth most recently served as the chief compliance officer and general counsel for Allegheny Financial Group/Allegheny Investments, Ltd. She was a senior litigation attorney with the PA Securities Commission until 2004. Previously she served as general counsel for a family-owned construction firm and CEO of Apparel Manufacturing Companies. She served in a private legal practice after public service as a prosecutor in the Philadelphia District Attorney's Office.

Toth earned a bachelor's degree from Allegheny College and a law degree from The Dickinson School of Law.

Media contact: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking