President Donald J. Trump named Commissioner Elad L. Roisman as Acting Chair of the SEC. Mr. Roisman has served as an SEC Commissioner since September 2018, and previously served as Chief Counsel on the U.S. Senate Committee on Banking, Housing and Urban Affairs.

In a joint statement, SEC Commissioners Hester M. Peirce, Allison Herren Lee and Caroline A. Crenshaw "heartily" expressed support for Mr. Roisman's designation.

This announcement comes one week after Jay Clayton stepped down as SEC Chairman.

Primary Sources

  1. SEC Press Release: Elad Roisman Named Acting Chairman of the SEC
  2. SEC Statement, Hester M. Peirce, Allison Herren Lee and Caroline A. Crenshaw: Statement on Designation of Commissioner Roisman as Acting Chairman

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