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Roisman confirmed as newest SEC commissioner

Joe Mont | September 6, 2018

For now at least, the Securities and Exchange Commission is back up to its fill compliment of commissioners. With a vote of the full Senate this week, Elad Roisman, a Republican nominated to replace Michael Piwowar, was confirmed to the Commission with bipartisan support. He was opposed by only 14 Democrats in the final vote.

In August, the Senate Banking Committee approved the nomination by a unanimous voice vote prior to confirmation by the full Senate.

In June, President Trump, hoping to avoid another agency-crippling Congressional impasse, was quick to nominate Roisman, upon news of Piwowar’s planned departure. On July 24, Roisman made his pitch for the job during a nomination hearing before the Senate Banking Committee. His term would expire on June 5, 2023.

Roisman said that joining the SEC would be a natural extension of his...

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