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From Securities Regulation Daily, August 15, 2013

Michael Piwowar sworn in as SEC commissioner

By Jacquelyn Lumb

Michael S. Piwowar was sworn into office today as an SEC commissioner. The oath was administered by the SEC’s Los Angeles Regional Office Director Michele Wein Layne.

Piwowar previously served as the chief Republican economist for the Senate Banking Committee under Senators Mike Crapo (R-Idaho) and Richard Shelby (R-Ala), where he worked on the Dodd-Frank and JOBS Acts, among other SEC-related issues. Earlier in his career, Piwowar was a visiting academic scholar and senior financial economist in the SEC’s Office of Economic Analysis, now the Division of Economic and Risk Analysis.

In a news release, Chair Mary Jo White welcomed Piwowar back to the SEC and said he has an impressive record of public service. Piwowar said he was excited to return to the SEC and looks forward to working with his fellow commissioners and staff to advance the agency’s mission. Piwowar replaces Commissioner Troy Paredes, who stepped down earlier this month.

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