Financial regulator Jaime Lizárraga takes the baton from the exiting commissioner, Allison Lee, at the SEC. Lee had previously manifested that the commission needed to “evolve with changing technologies”.
Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner.
In a Friday announcement, chair Gary Gensler and commissioners Hester Peirce, Mark Uyeda, and Caroline CrenshawLee had left the SEC, where in 2005 she started as a staff attorney at the agency’s enforcement division at a regional office in Denver. She moved on to be appointed a commissioner in 2019 under the former presidential administration, and later served as acting chair to the regulatory body for three months, until Gensler’s confirmation in April 2021.
“Commissioner Lee has been a stalwart advocate for strong and stable markets, including by emphasizing the need for market participants to maintain the highest ethical standards,” said the remaining commissioners in a joint statement.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analysis: Why Elon Musk's fight with Twitter could draw further SEC scrutinyTwitter Inc's fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the U.S. securities regulator over whether Musk has misled the market during the course of the deal.
Read more »
Republican Attorneys General Fight SEC Over Corporate Climate DisclosuresThis article explains the opposition to the upcoming SEC climate disclosures rule as well as highlights its promise to lessen GHGs.
Read more »
Judge reaffirms that SEC must produce materials related to Hinman speech in Ripple caseIn the opinion and order, Magistrate Judge Sarah Netburn called out the SEC's use of conflicting arguments to shield the documents.
Read more »
SCOTUS ruling fuels red states' SEC challenge over corporate climate risk disclosuresRed state attorneys general say the Supreme Court's recent greenhouse gas ruling ensures they'll challenge SEC rules that would compel corporate climate risk disclosures.
Read more »
Gensler: SEC could tailor disclosures for crypto firmsA top financial regulator suggested the Securities and Exchange Commission could tailor disclosures to accommodate crypto companies while protecting investors.
Read more »
SEC Investigating Better.com For Securities Law ViolationsThe investigation comes amid litigation against Better and its controversial CEO alleging fraud and other corporate governance problems. From _pheebini:
Read more »