Senate Confirms 2 New SEC Commissioners

Lizárraga oversaw issues relating to financial markets, housing, international financial institutions, immigration and small-business policy. He also serves as Pelosi’s liaison to the Congressional Hispanic Caucus, Biden said in his announcement.

Uyeda, a securities counsel on the minority staff of the Senate Committee on Banking, Housing and Urban Affairs, has over 25 years of experience in corporate and securities law, including 18 years of public service working in federal and state government, according to Biden’s announcement. He has also served as assistant director and senior special counsel in the SEC’s Division of Investment Management.

Uyeda joined the SEC in 2006 and has worked in various capacities, including as senior advisor to former SEC Chairman Jay Clayton and former acting chairman Michael Piwowar, and as counsel to former SEC Commissioner Paul Atkins.

The Investment Company Institute “congratulates Jaime Lizárraga and Mark Uyeda on their confirmation by the Senate to the SEC. Their insights will greatly benefit the Commission as it tackles a range of complex issues facing long-term individual investors,” said Eric Pan, ICI’s president and CEO in a statement.