Senate Confirms 4 Nominees to SEC
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The Senate, acting with unusual speed in the face of a crisis in investor confidence, confirmed four nominees to the Securities and Exchange Commission. The move fills the commission for the first time in more than two years.
The confirmations, following closely the passage of landmark corporate reform legislation, was expected to give the nation’s top markets regulator a needed boost and sufficient manpower to put into action a host of new rules.
Senate action came on a voice vote without any objection, just hours after the Senate Banking Committee approved the nominees.
The new commissioners are Democrats Roel Campos and Harvey Goldschmid and Republicans Cynthia Glassman and Paul Atkins. Glassman had been serving as a temporary commissioner, and Campos will replace a temporary appointee.
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