Two months after being nominated by President Trump, Elad Roisman was sworn in as a commissioner of the Securities and Exchange Commission (“SEC”). The former Senate Banking Committee aide replaces Michael Piwowar, who left the SEC in July. Roisman will serve a five-year term with the agency.
Before joining the SEC, Roisman served as chief counsel to Senate Banking Committee Chairman Mike Crapo. He was also the committee’s senior counsel and securities counsel and was counsel to former SEC commissioner Daniel Gallagher from 2012 to 2014.
Excited about his return to the SEC, Roisman said during his July confirmation hearing that the agency must re-examine its rules and guidelines to ensure they still accomplish the SEC’s mission.