Tuesday, January 22, 2008
SEC Commissioner Annette Nazareth, the lone Democrat, is leaving Jan. 31 to pursue other professional opportunities in the private sector. Ms. Nazareth has been at the SEC first as staff attorney then as Commissioner for nearly a decade. She was the only dissenter in the SEC's amendment of Rule 14a-8 to restrict shareholder access to the proxy ballot for proposals related to the board election process. Two candidates have been proposed for the two Democratic vacancies, Elisse B. Walter (currently at FINRA) and Luis A. Aguilar (a corporate attorney in Atlanta). Those three remaining Republicans could use some help straightening out the mess. WPost, Lone SEC Democrat To Leave Jan. 31.