Elad Roisman appointed acting chairman of SEC, according to Hester Peirce
President-elect Joe Biden will likely announce Clayton's permanent replacement shortly. Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce.Peirce broke the news on Twitter Thursday morning, where she congratulated Roisman for his appointment.Congratulations, Chairman Roisman! I look forward to your leadership of the SEC.— Hester Peirce (@HesterPeirce) December 24, 2020 Both Republican commissioners, Peirce and Roisman were the leading candidates to replace Jay Clayton as....
Related News
Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.In a Monday announcement, Roisman said he had sent a letter to President Joe Biden informing him of his decision to leave the SEC by the end of January 2022. The SEC commissioner said he would continue working with his colleagues “to further our mission of protecting investors, maintaining fair,....
The news comes a day after former Chairman Jay Clayton announced that yesterday was his last day.
"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor interest,” said two SEC commissioners. Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by many in the space as Crypto Mom, is pushing back against the regulatory body’s agenda for not including clarification on digital assets.In a Monday joint statement, Peirce and SEC Commissioner Elad Roisman said they were “disappointed” in the content of chairperson Gary....
The commissioner of the SEC, Hester Peirce, told an audience at CFC 2021 that crypto regulation should be focused on innovation, and that the U.S should be number one. SEC Commissioner Hester Peirce spoke at the CFC 2021 virtual blockchain conference on Jan. 20, where she discussed the prospect of working with a new Biden-appointed chairman, and touched on her hopes of providing the cryptocurrency space with some “safe harbor”.Known affectionately by cryptocurrency enthusiasts as “Crypto Mom”, Peirce addressed the changeover at the SEC that saw former chairman Jay Clayton depart his post....
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed. The SEC commissioner has spent less than three years at her current position, having been sworn in in 2019 to serve out the remainder of a five-year term expiring in June.With her departure, Lee,....