News | 04.17.19
SEC's Lone Democratic Member Expected to Step Down in Fall
Robert Jackson, the only Democratic SEC commissioner, is expected to leave the agency in the months ahead. Though Jackson's term expires on June 5, he can remain in his role through December 2020. But according to an email from the New York University School of Law, where Jackson was hired in December 2017 as a tenured professor, he is expected to teach in the fall 2019 semester. The White House said this month that it plans to nominate Allison H. Lee, a former SEC enforcement attorney and a Democrat, for a seat on the commission. It isn't known when the Senate plans to consider the nomination.
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