The Securities and Exchange Commission is seeking candidates for appointment to the Investor Advisory Committee, which provides recommendations to the agency on ways to protect investors and improve securities regulations.
The committee was established under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
"The Investor Advisory Committee and its diverse and talented members are key to ensuring a wide array of investor perspectives are represented in SEC policymaking," SEC Chairman Gary Gensler said in a statement. "I look forward to working with the members of the Investor Advisory Committee to continue to uphold the SEC's mission of providing transparent and fair markets for all investors."
The committee advises and consults with the commission on:
- Regulatory priorities of the commission.
- Issues relating to the regulation of securities products, trading strategies, fee structures, and the effectiveness of disclosure.
- Initiatives to protect investor interests.
- Initiatives to promote investor confidence and the integrity of the securities marketplace.
Barbara Roper, former director of investor protection for the Consumer Federation of America, who is now senior advisor to Gensler, was a longtime member of the committee.
Current committee members include Nancy LeaMond, executive vice president and chief advocacy and engagement officer at AARP, and Lori Lucas, president and CEO of the Employee Benefit Research Institute.
SEC Commissioner Hester Peirce tweeted Wednesday that "someone with extensive experience investing in crypto would provide a valuable perspective on the Committee."
