On July 18, 2017, President Donald Trump announced his intent to nominate Ms. Hester Maria Peirce as a Commissioner of the Securities and Exchange Commission for the remainder of a five-year term expiring June 5, 2020. This would be President Trump's second nomination to the SEC, the first being the nomination of Mr. Jay Clayton as Chair of the SEC in January 2017. If confirmed, Ms. Peirce would occupy one of the remaining two vacant Commissioner seats at the SEC.
See the White House press release on the nomination here.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Morrison & Foerster LLP. All rights reserved
