President Trump Appoints Acting SEC Chairman

The SEC has announced that President Donald Trump has appointed Elad L. Roisman as acting SEC chairman. The agency had previously announced that Jay Clayton’s tenure as SEC chairman would conclude at the end of 2020.

Mr. Roisman was named an SEC commissioner in September 2018. He previously served as chief counsel on the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

For more information on Mr. Roisman’s appointment, see the press release as well as a joint statement by Commissioners Hester M. Peirce, Allison H. Lee, and Caroline A. Crenshaw on the SEC’s Web site.