Reuters is reporting that the next SEC Commissioner will be Caroline Crenshaw, who is expected to be the Democratic nominee to fill the spot currently held by Robert Jackson. He is expected to leave the SEC next year.

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Currently, Crenshaw is an attorney in Jackson's office and has worked at the SEC since 2013, including in the office of former SEC Commissioner Kara Stein. She has also served as a Judge Advocate in the Army JAG Corps. Reuters reports that her name has been submitted to the White House as the Democratic nominee for the post by Senate Minority Leader Chuck Schumer. If she is nominated and approved, the SEC would be composed of a majority of female Commissioners (three out of five).

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