Analysis

New Commissioner Could Help Clayton's SEC Agenda

By Tom Zanki (September 17, 2018, 9:01 PM EDT) -- The arrival of Commissioner Elad Roisman to fill the U.S. Securities and Exchange Commission's lone vacancy likely bolsters Chairman Jay Clayton's agenda on certain deregulatory items, experts said, and could provide a critical voice to cryptocurrency matters facing the SEC.

Roisman, a former Milbank Tweed Hadley & McCloy LLP corporate and securities law attorney, was sworn in as the agency's fifth commissioner last week, bringing the agency to full strength, which so far has been a rarity under the young tenure of Clayton.

The SEC was operating at four commissioners since the July departure of Republican Michael Piwowar, a setup that...

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