(Article from Registered Funds Regulatory Update, July 2022)
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On June 16, 2022, the Senate unanimously confirmed Jamie Lizárraga and Mark Uyeda as SEC Commissioners. Both Lizárraga and Uyeda were nominated by President Joe Biden on April 6, 2022.
Lizárraga will replace SEC Commissioner Allison Herren Lee upon her departure in June and will serve until June 2027. For the past 14 years, Lizárraga has worked on House of Representatives Speaker Nancy Pelosi’s staff. Before that, Lizárraga was a member of the House Financial Services Committee, and during the Clinton administration, he held appointments at the Treasury Department and SEC.
Uyeda will replace former SEC Commissioner Elad Roisman, who departed the SEC in January, and will serve until June 2023. Uyeda has worked as an SEC lawyer for the past 15 years and currently is on detail as Republican counsel to the Senate Banking Committee. Since joining the SEC in 2006, Uyeda has worked as a senior adviser to Chairman Jay Clayton and Acting Chairman Michael Piwowar and as an assistant director and senior special counsel in the SEC’s Division of Investment Management, among other roles.
Statement, Statement on Senate Confirmation of Jaime Lizárraga
and Mark Uyeda (June 16, 2022), available at: https://www.sec.gov/news/statement/commissioners-statement-confirmation-lizararago-uyeda.