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Reimagining the role of the next SEC chair

Reimagining the role of the next SEC chair Kurt Wolfe, Opinion Contributor © The Hill Reimagining the role of the next SEC chair President-elect Joe Biden will soon nominate a new chair of the U.S. Securities and Exchange Commission (SEC). Democrats will hold a slim majority in the upper chamber, and some will be tempted to appoint an SEC chair bent on unwinding regulations ushered in during the Trump administration. There s plenty to unwind: Former Chairman Jay Clayton, who left the Commission in December, drove a prolific rulemaking agenda. During his tenure, the SEC adopted more than 90 new rules, many of which are principles-based - think guideposts, not roadmaps - and beg interpretation.

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