Unger Named as Acting SEC Chairman | AccountingWEB

Unger Named as Acting SEC Chairman

The White House announced that President George W. Bush has designated Laura S. Unger as Acting Chairman of the U.S. Securities and Exchange Commission.

The temporary appointment of Unger had been expected following former SEC Chairman Arthur Levitt's announcement in December that he intended to leave before the end of his term. Levitt's last day was Friday.

Rep. Michael Oxley, (R-OH), chairman of the House Financial Services Committee, called Unger "a leader in ensuring that investors and market participants gain full advantage of new technologies as they are used in our securities markets."

Unger, whose term as an SEC commissioner expires in June, is the only Republican on the panel. Other members of the panel include Paul Carey and Isaac Hunt, Jr. There are two vacancies on the panel.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.