Commissioner Campos To Leave SEC

Law360, New York (August 10, 2007, 12:00 AM EDT) -- The U.S. Securities and Exchange Commission announced late on Wednesday that Democratic Commissioner Roel C. Campos would be leaving the agency in a month's time to return to the private sector.

How soon Campos could be replaced is yet unclear, since SEC Commissioners must be confirmed by Congress, which is on summer recess until Sept 4.

His departure could put the controversial issue of shareholder proxy access, which would give investors more input into the elections of company directors, on the back burner. During his tenure,...
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