Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Trump Picks the Next Piwowar Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 05, 2018

Trump Picks the Next Piwowar

News summary by MFWire's editors

President Trump has officially picked a successor for Michael Piwowar.

Yesterday the White House confirmed the nomination of Elad Roisman for Securities and Exchange Commission (SEC) Commissioner has been sent to the U.S. Senate for confirmation. Roisman would fill Piwowar's soon-to-be-vacated seat, one of two Republican seats on the commission.

InvestmentNews, Pensions & Investments, Reuters, ThinkAdvisor, and the Wall Street Journal all reported on Roisman's nomination.

Roisman, who is from Maine, currently serves as chief counsel on the U.S. Senate's Committee on Banking, Housing, and Urban Affairs, a post he has held for a year and a half (after two and a half years in a less senior role with the committee). Yet he is no stranger to the SEC: earlier this decade he spent a year and a half as counsel to then-SEC Commissioner Daniel Gallagher, a Republican who spoke out against mutual funds' reliance on proxy advisory firms and against the Dodd-Frank Act. Gallagher was also one of the commissioners who successfully defeated a money fund reform plan back in 2012 (though a different version passed in 2014).

An alumnus of both Cornell University and of Boston University's School of Law, Elad L. Roisman worked at Milbank Tweed Hadley & McCloy and then at NYSE Euronext before joining the SEC under Gallagher in late 2012.

Bond Buyer expects that Roisman will not be joining the commission too quickly, as his nomination is not yet paired with a Democrat's (say, to fill the Democratic SEC Commissioner seat that will open up when Commissioner Kara Stein leaves at the end of the current congressional session in December or January). Indeed, last month Piwowar made it sound like it might be a while before someone fills his spot. If confirmed, Roisman's SEC term would expire on June 5, 2023 (though, as Stein is doing now, SEC commissioners can continue to serve up to 18 months after their terms expire). 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2022: Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. 2022 IDC Fund Directors Workshop, May 26
  2. Irish Funds Annual Global Funds Conference 2022, May 30-31
  3. WealthManagement Edge, May 31 - June 3
  4. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  5. 28th annual Expect Miracles East Coast Classic, June 9
  6. 2022 Sohn Investment Conference, June 9
  7. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  8. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  9. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  10. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  11. 2022 MMI Emerging Asset Managers Forum, June 23
  12. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  13. Financial Planning INVEST, Jun 28-29
  14. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  15. MFDF Director Discussion Series - Open Forum (New York), July 20
  16. 2022 MMI Distribution Leadership Forum, Jul 20-21
  17. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  18. MFDF webinar - Performance, Perception and Manager Selection, September 14
  19. 2022 ICI Tax and Accounting Conference, Sep 18-21
  20. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  21. Nicsa Fearless Leadership Symposium, Oct 6-7
  22. 2022 MMI Annual Conference, Oct 19-21
  23. 2022 IDC Fund Directors Conference, Oct 24-26
  24. 18th annual Expect Miracles Wine & Spirits Event, October 27
  25. Nicsa 2022 General Membership Meeting, October 31 - November 2
  26. Tiburon CEO Summit XLIII, Nov 7-9




©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use