SEC Pick Wants To Dispel Notion Wall Street Is Rigged

By Dunstan Prial (July 24, 2018, 6:14 PM EDT) -- The nominee to fill a Republican seat on the U.S. Securities and Exchange Commission told members of a Senate committee on Tuesday that if approved as an SEC commissioner he hopes to assist the Wall Street regulator in dispelling "the notion that the market is rigged against the little guy."

Former Milbank Tweed Hadley & McCloy LLP corporate and securities law attorney Elad L. Roisman of Maine was grilled Tuesday by Democratic senators on topics ranging from a statistical decline in SEC enforcement actions under the Trump administration to overt conflicts of interest that exist within the broker-dealer industry.

Roisman, who currently serves as...

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