10:23:36 PM PST - Wednesday, January 22nd, 2020

SEC Democratic Commissioner Jackson to step down next month  

By Editor - Thu Jan 16, 4:00 am

Rob Jackson, a Democratic Commissioner at the U.S. Securities and Exchange Commission, said on Thursday he will step down on Feb. 14 to continue teaching at New York University School of Law, where he is currently on faculty leave. The departure of Jackson, an independent who was picked by Democrats to fill an open Democratic seat in January 2018, will leave Allison Lee as the lone Democratic commissioner at the Republican-led agency that has been pursuing an ambitious agenda to overhaul decades-old securities rules. Reuters reported last month that the White House is expected to nominate Caroline Crenshaw, an attorney in Jackson’s office, to fill his seat, although the timeline for her nomination is not clear.

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SEC Democratic Commissioner Jackson to step down next month

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