Obama Picks 2 New Commissioners for SEC

President Obama has made 2 appointments to the SEC: Kara Stein, a top aide to Senator Jack Reed (D-RI), to replace retiring Commissioner Elisse Walter, and Michael Piwowar, the chief Republican economist on the Senate Banking Committee, to replace Commissioner Troy Paredes. Both appear to have early bi-partisan support. With their confirmation, the majority of the Commission will have been replaced in the past 2 months. They would join new SEC Chairman Mary Jo White in finalizing the Dodd Frank and JOBS Act rules, including the Crowd Fund Act.

 

http://www.businessweek.com/news/2013-05-23/obama-nominates-two-u-dot-s-dot-senate-aides-as-next-sec-commissioners

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Jobs, Legislative Intent, SEC, Small Business, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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