With one current vacancy and a second upcoming vacancy, the Securities and Exchange Commission needs some new blood. President Biden nominated two new commissioners to help the agency regain its full population.
Jaime Lizárraga has been nominated to fill a Democratic seat currently occupied by commissioner Allison Lee. She has stated that she is resigning, but will serve until her successor is in place. Lizárraga has worked for Speaker Pelosi for 14 years, and spent eight years before that on the House Financial Services Committee. He was the deputy director of legislative affairs at the SEC, briefly in the 1990s.
Mark Uyeda has been tapped to replace the vacancy created by former Republican commissioner Elad Roisman. Mr. Uyeda is a career attorney with the Securities and Exchange Commission. He is currently on detail from the SEC to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he serves as Securities Counsel on the Committee’s Minority Staff.
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