| Arizona Government Agency Reaches Out to Hire | | | | the securities marketplace through investigative actions |
| Veterans | | | | as well as the registration and/or oversight of |
| Arizona Corporation Commission Joins | | | | securities, securities dealers and brokers, investment |
| HireVeterans.comby Gordon Gates | | | | advisers and their representatives; to enhance |
| Article 15 of the Arizona Constitution establishes the | | | | legitimate capital formation; and to minimize the burden |
| Arizona Corporation Commission. Only 7 states have | | | | and expense of regulatory compliance by legitimate |
| constitutionally formed Commissions. Arizona is one of | | | | business. |
| only 13 states with elected Commissioners. In the 37 | | | | The Division reviews prospective offerings of |
| other states, Commissioners are appointed by either | | | | securities to ascertain that full and fair disclosure is |
| the governor or the legislature. | | | | made to potential securities investors and that the |
| In most states, the Commission is known as the Public | | | | terms of offerings are not inherently fraudulent. |
| Service Commission or the Public Utility Commission. | | | | Certain securities dealers, salespersons, investment |
| Arizona's Commission, however, has responsibilities | | | | advisers, and investment adviser representatives are |
| that go beyond traditional public utilities regulation. | | | | required to register with the Division. The Division |
| These additional roles include facilitating the | | | | reviews these applications and monitors the conduct |
| incorporation of businesses and organizations, | | | | of investment advisers, dealers and salespersons; |
| securities regulation and railroad/pipeline safety. In kind, | | | | investigates possible violations; and when the evidence |
| the Commission is reaching out to U.S. Veterans to fill | | | | warrants, initiates administrative or civil actions, or |
| internal positions to help manage and administer the | | | | refers cases for criminal prosecution. |
| agency. | | | | Corporations |
| In fact, they have joined HireVeterans.com, a leading | | | | The Corporations Division approves for filing all articles |
| job board for U.S. Veterans on the internet. This is part | | | | of incorporation for Arizona businesses; all articles of |
| of their overall strategy to fill jobs with returning U.S. | | | | organization for limited liability companies; grants |
| Veterans. | | | | authority to foreign corporations to transact business in |
| The State of Arizona offers even more benefits. | | | | this state; propounds interrogatories when necessary |
| Employees enjoy special competitive rates on Auto | | | | to determine a company's lawful purpose; and revokes |
| and Home Insurance from Travelers and Liberty | | | | the corporate charters of those corporations which |
| Mutual. Computers from Dell and Gateway. Plus | | | | choose to not comply with Arizona law. The Division |
| discounts of up to 50% on local and national products | | | | collects from every corporation an annual report which |
| and services with our State Employee Discount | | | | reflects its current status, business, and financial |
| Program. | | | | condition; maintains this information in a format |
| Employee Discount Program | | | | conducive to public access; responds to public |
| Group Auto and Home Insurance | | | | questions concerning Arizona businesses and |
| Computer Purchase Program | | | | corporation law; and responds to the needs of the |
| Organization | | | | business sector by disseminating whatever information |
| In November 2000, the voters of Arizona approved a | | | | is mission-critical to them in the most expedient and |
| measure, placed on the ballot by the State Legislature, | | | | cost-effective manner possible. |
| which expanded the size of the Commission from | | | | Any significant changes to Articles of Incorporation or |
| three to five Commissioners. The measure also | | | | Articles of Organization for Limited Liability Companies |
| changed the term of office from one six-year term to | | | | in the form of amendments, mergers, consolidations, |
| a four-year term with the possibility of reelection to | | | | dissolutions or withdrawals are also filed with the |
| one additional (consecutive) four-year term. The initial | | | | Division. All filings are public record and available for |
| terms of the two new seats are for two years. In the | | | | inspection. |
| case of a vacancy, the Governor appoints a | | | | Legal |
| Commissioner to serve until the next general election. | | | | The Legal Division provides legal assistance, advice |
| The Commissioners choose one member from among | | | | and representation to the Commissioners and each |
| themselves to serve as Chairman. | | | | Division of the Corporation Commission except the |
| The Commissioners have the ultimate responsibility for | | | | Securities Division. Matters handled by the Legal |
| final decisions on granting or denying rate adjustments, | | | | Division fall into five general categories: Commission |
| enforcing safety and public service requirements, and | | | | dockets, Federal regulatory dockets, litigation, other |
| approving securities matters. | | | | administrative matters and special projects. |
| Executive Director | | | | Most of the Division's resources are devoted to |
| The Director of the Commission Staff is the Executive | | | | Commission hearings. Major rate cases, such as those |
| Director. The Executive Director serves at the | | | | involving firms like the Arizona Public Service Company |
| pleasure of the Commissioners, and is responsible to | | | | and Qwest, where tens of millions of dollars in potential |
| the Commissioners for the day to day operations of all | | | | rate increases are at stake, take several months to |
| Divisions. Section 40-105, Arizona Revised Statutes, | | | | prepare and require close coordination with the |
| outlines the powers and duties of the Executive | | | | Commissioners, staff and professional consultants. |
| Director's position. | | | | Information Technology |
| Divisions | | | | The mission of the Information Technology (IT) Division |
| The Commission staff is organized into six Divisions. | | | | is to provide accurate, efficient and timely technology |
| Each Division is headed by a Director who reports to | | | | design, development, implementation, communications |
| the Executive Director. | | | | and maintenance support services to the agency and |
| Administration | | | | its respective divisions in support of their missions and |
| The Administration Division plans, coordinates and | | | | objectives. |
| directs the administrative and fiscal activities | | | | The State of Arizona is an Equal Opportunity |
| necessary to support the Commissioners and all | | | | Employer. Pursuant to the Americans with Disabilities |
| Divisions of the Commission. The Division also provides | | | | Act, the State will make reasonable accommodation(s) |
| information to the general public and media on all | | | | during the employment process. |
| Commission activities. | | | | Chairman Mike Gleason |
| Hearings | | | | Mike Gleason was born in Iowa, where he lived on a |
| The Hearings Division exercises the Commission's | | | | farm before joining the United States Navy during |
| authority to hold public hearings on matters involving | | | | World War II. After his discharge from the Navy in |
| the regulation of public service corporations, the sale of | | | | 1947, he enrolled at Iowa State College, where he |
| securities and the registration of non-municipal | | | | earned a Bachelor of Science in forestry in 1950. In |
| corporations. The Hearings Division is also responsible | | | | 1951, he received a Masters Degree in range |
| for the Commission's Docket Control Section. | | | | management from Texas A&M, and two years later, |
| Utilities | | | | Gleason was awarded a PhD in plant physiology from |
| The Arizona Corporation Commission has jurisdiction | | | | Iowa State. |
| over the quality of service and rates charged by public | | | | Gleason's private-sector experience in applied |
| service utilities. By state law, public service utilities are | | | | agricultural sciences spans nearly 40 years of |
| regulated monopolies given the opportunity to earn a | | | | employment with the Rockefeller Foundation, Pacific |
| fair and reasonable return on their investments. What | | | | Oilseeds, Monsanto and Cargill, Inc. During this period, |
| is fair and reasonable in any particular case has been | | | | his duties required that he reside in Mexico, and later, |
| and always will be open to debate in rate hearings | | | | France. Other responsibilities took Gleason on frequent |
| before the Commission. Generally, the Commission | | | | travels throughout the world, including Peru, Kenya, |
| tries to balance the customers' interest in affordable | | | | Bangladesh, Senegal, Zaire, the Ivory Coast, Nigeria |
| and reliable utility service with the utility's interest in | | | | and Pakistan. |
| earning a fair profit. | | | | Employee Benefits and Work/Life Options |
| The Utilities Division makes specific recommendations | | | | The state of Arizona offers a variety of careers and |
| to the Commissioners to assist them in reaching | | | | benefits for state employees. If you want challenging |
| decisions regarding public utility rates, utility finance and | | | | work, friendly co-workers, flexible work options, and if |
| quality of service. The Division is responsible for | | | | health benefits and retirement programs are important |
| researching and developing utility issues, providing | | | | to you, consider your options at the state of Arizona. |
| information and evidence in Commission proceedings | | | | We are committed to offering a work environment |
| dealing with utility applications, and monitoring the quality | | | | that helps state employees achieve greater success |
| of utility service, and the rates approved by the | | | | at work and at home. Employees may be able to use |
| Commissioners. Additionally, Division staff inspects gas | | | | the following options to help manage responsibilities at |
| pipelines for safety, operates a railroad safety | | | | home and at work. |
| program and maintains the official documents of | | | | - Flexibility |
| proceedings before the | | | | - Health and Well-Being |
| Commission | | | | - Time off |
| All rate changes require approval of the Commission in | | | | - Caring for Dependents |
| an Open Meeting. Staff preparation for a major rate | | | | - Financial Support |
| hearing begins at the time of utility's initial filing, and | | | | - Career |
| takes approximately four to six months before the | | | | - Retirement - Organization Support |
| hearing takes place. Work efforts between the time of | | | | - Community Involvement |
| filing and hearing include a review of past Commission | | | | Official Web Sites |
| actions, a review of documents on file with the | | | | Apply to Jobs for Arizona Corporate Commission on |
| Commission, an audit of the books and records of the | | | | Human Resources Department - Arizona Government |
| utility, discussions with utility personnel and other | | | | Employment Site for Arizona Corporate Commission |
| interested parties, formulation of the staff | | | | Arizona Corporate Commission Site |
| recommendation, an analysis of the impacts of the | | | | Arizona Corporation Commission |
| recommendation, and preparation of written testimony | | | | Commissioners Wing |
| and schedules. | | | | 1200 W. Washington - 2nd Floor |
| Securities | | | | Phoenix, Arizona 85007 |
| The Securities Division strives to ensure the integrity of | | | | Phone: 602.542. |