Rob Jackson, a Democratic Commissioner at the U.S. Securities and Exchange Commi...
FILE PHOTO: U.S. Securities and Exchange Commissioner Rob Jackson responds to questions during an interview with Reuters in Washington, U.S., January 14, 2020. REUTERS/Stelios Varias/File Photo
The departure of Jackson, an independent who was picked by Democrats to fill an open Democratic seat in January 2018, will leave Allison Lee as the lone Democratic commissioner at the Republican-led agency that has been pursuing an ambitious agenda to overhaul decades-old securities rules. Reuters reported last month that the White House is expected to nominate Caroline Crenshaw, an attorney in Jackson’s office, to fill his seat, although the timeline for her nomination is not clear.
“I will always be proud to have served alongside my fellow Commissioners, Chairman Clayton, and especially the commission’s staff, who dedicate their careers to protecting ordinary investors and give hardworking American families the chance to build a better future,” Jackson said in a statement.
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