Tag: SEC commissioners

Biden to nominate two new SEC Commissioners

According to a statement from the White House, President Biden is planning to nominate two new SEC commissioners, Democrat Jaime Lizárraga to fill the seat of departing Commissioner Allison Herren Lee (see this PubCo post), and Republican Mark Uyeda to fill the seat recently vacated by former Commissioner Elad Roisman (see this PubCo post). The statement indicates that Lizárraga serves as a Senior Advisor to House Speaker Nancy Pelosi, where he “oversees issues relating to financial markets, housing, international financial institutions, immigration, and small business policy.” Mark Uyeda has been a career attorney at the SEC for 15 years, but is currently detailed to the Senate Committee on Banking, Housing, and Urban Affairs, where he serves as Securities Counsel on the Committee’s Minority Staff.  Both nominations are subject to Senate confirmation.