Obama Nominates 2 Senate Aides As SEC Commissioners

Law360, Los Angeles (May 23, 2013, 9:58 PM EDT) -- President Barack Obama on Thursday nominated two senior Senate aides to serve as commissioners for the Securities and Exchange Commission, according to an announcement from the White House.

Obama nominated Michael S. Piwowar, an aide to Sen. Mike Crapo, R-Idaho, and Kara M. Stein, congressional staffer to Sen. Jack Reed, D-R.I., to serve as members of the five-person SEC commission. The nominations come more than a month after the Senate confirmed Mary Jo White as chairman of the SEC.

Republican chief economist Piwowar would replace Troy...
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