Yesterday, President Obama announced his intent to nominate Lisa Fairfax and Hester Peirce as Commissioners of the SEC. If confirmed, Fairfax and Peirce will fill the Democrat and Republican seats on the Commission that are being vacated by Commissioners Luis Aguilar and Daniel Gallagher, respectively. Gallagher departed the Commission on October 2, 2016, and Aguilar has stayed on awaiting the confirmation of his successor.
