Wave of Senior Appointments at the SEC
Kara Stein and Michael Piwowar have both been appointed as SEC Commissioners, while Geoffrey Aronow has joined as chief counsel and senior policy advisor in the Office of International Affairs (OIA).
Stein was nominated to the SEC by President Barack Obama on 23 May along with Piwowar before their nomination was confirmed by the US Senate this month.
Prior to joining the SEC, Stein occupied the role of legal counsel and senior policy advisor to Senator Jack Reed from 2007 to 2009 before becoming staff director of the Senate Banking, Housing, and Urban Affairs Committee's Subcommittee on Securities, Insurance, and Investment in 2009. She replaces former Commissioner Elisse Walter, who served as temporary chair before the appointment of Mary Jo White earlier this year.
Piwowar returns to the SEC after serving as chief Republican economist for the U.S. Senate Committee on Banking, Housing, and Urban Affairs under Senators Mike Crapo and Richard Shelby. He replaces former Commissioner Troy Paredes, who stepped down earlier this month.
As for Aronow, he will provide legal counsel to the director of the office and play a central role in advising and formulating Commission policy in the international arena and will, along with others in the office, represent the SEC before international organizations and committees.
Aronow served as the SEC's general counsel under Elisse Walter's tenure as chair, before becoming senior counsel to White.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
The race to ‘financialize’ GPU compute set to ratchet up
The Waters Wrap: Anthony looks at two companies aiming to bring efficiency and transparency to the GPU compute market.
Deutsche Börse invests $200M in Kraken, DTCC advances cloud strategy, and more
A recap of this week’s major tech and data news in the capital markets.
Waters Wavelength Ep. 350: AI but make it about data basics
This week, Tony and Shen discuss how it’s all about getting back to basics, aka the data.
Model risk in the age of generative AI
Banks are racing to understand the risks posed by a new breed of multi-purpose bots.
Morgan Stanley participating in Anthropic’s Claude Mythos testing
The bank is one of the select few granted access to the hyperscaler’s latest model.
The rise of AI politics
Whether they like it or not, firms are operating in the era of AI politics. David Hardoon says those who ignore that and treat AI as just another technology risk losing ground to others.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
SmartTrade eyes role as direct streaming linchpin
The vendor plans to tap into growing demand for direct API trading solutions across asset classes.