Skip To The Main Content

News & Events

Simpson Thacher in the News Go Back

Yafit Cohn Quoted in The Wall Street Journal on SEC Nominees

05.20.16

Corporate Associate Yafit Cohn was quoted in The Wall Street Journal in an article titled, “Senate Panel Advances SEC Nominees.” The article discusses the recent approval by the Senate Banking Committee of Lisa Fairfax, a Democrat, and Hester Peirce, a Republican, for the two open commissioner seats at the Securities and Exchange Commission. The Senate panel approved the two nominees six weeks after the initial effort failed to advance the pair out of committee. Despite their approval by the committee, four Democrats expressed opposition to the nominees, which makes their approval in the full Senate uncertain. “Just because they get through the committee doesn’t mean that they’re going to be approved on the floor, and in fact we think there’s a greater than 50% likelihood that they will not go through,” said Yafit. 

To read the full article, please click here (subscription required).