INADMISSIBLE: Obama Turns to Academia for SEC Picks
President Barack Obama turned to academia last week to fill a pair of seats on the U.S. Securities and Exchange Commission, nominating George Washington University Law School professor Lisa Fairfax and Hester Peirce, a senior research fellow at George Mason University's Mercatus Center. Plus more in this week's column.
October 25, 2015 at 05:04 PM
8 minute read
The original version of this story was published on National Law Journal
President Barack Obama turned to academia last week to fill a pair of seats on the U.S. Securities and Exchange Commission, nominating George Washington University Law School professor Lisa Fairfax and Hester Peirce, a senior research fellow at George Mason University's Mercatus Center.
Fairfax, an expert on shareholder activism who teaches contracts courses and securities law, was nominated to replace Luis Aguilar, a Democrat whose term expired in June. Peirce, director of the Financial Markets Working Group at the Mercatus Center, was nominated to fill the open Republican seat on the commission vacated by former Commissioner Daniel Gallagher.
Both require Senate confirmation.
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