BDO Assurance Practice SEC Newsletter - January 2014
Entering 2013, the outlook for the Securities and Exchange Commission’s activities was uncertain. It was unclear how long the designated Chair, Elisse Walter, would remain in her position. The fifth seat on the Commission was unfilled, the Commission was split politically with two Democrats and two Republicans and it was deeply divided on certain issues. That changed in April when Mary Jo White became the 31st Chair of the SEC.