A picture of Representative Ed Perlmutter
Ed P.
Democrat CO 7

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  • Fred Joseph

    by Representative Ed Perlmutter

    Posted on 2014-01-08

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    PERLMUTTER of colorado in the house of representatives Wednesday, January 8, 2014 Mr. PERLMUTTER. Mr. Speaker, I rise today to recognize and applaud Fred Joseph for his outstanding commitment to our community.



    When Fred Joseph's 83 year old mother got two calls in two days from scammers, she knew what to do. She'd read her son's columns in Prime Time News, the newsletter for Colorado's seniors. She called the scammers out and hung up.

    Fred Joseph's mother is not the only person he helped. For 30 years, he served the people of Colorado, starting as deputy commissioner of savings and loans, and now he's retiring as the Colorado Banking and Securities Commissioner. He held both positions since 2011. He helped see Colorado through tough times, most notably the 1980s savings and loans crisis and the global financial crisis of these last few years.

    For 10 years, Fred was on the board of the North American Securities Administrations Association. During his tenure as President of the NASAA, his mission was to protect investors from fraud and maintain the integrity of financial markets so small businesses can raise capital.

    Fred Joseph doesn't think of himself as a hero, though. Throughout his career, he stood up for ordinary, everyday folk against people who are out to take advantage of them.

    To me, that's heroic.

    Working tirelessly in a dual role as banking commissioner and securities commissioner, which will be two separate jobs now that he's retiring. That's honorable.

    Fred does great work as both banking commissioner and securities commissioner: he's helped protect people from identity theft, helped prevent scammers from preying on the vulnerable and he ensured not a single penny was lost in an insured bank.

    ``The Commish,'' as he is referred too, is often described as fair, honest, devoted and a voice of reason.

    I'm grateful for his trusted advice, counsel and friendship. I wish him all the best and want to honor ``The Commish'' for his 30 years of public service.

    ____________________

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