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Why the S.E.C. Could Use Commissioners With Wall Street Experience

By Tony Seruga

The Securities and Exchange Commission will soon have two top vacancies, and a Wall Street pedigree would be a plus for new watchdogs. Nominees with financial industry ties might prompt gripes about the revolving door, but it pays to know how the market works.

The Republican commissioner Daniel Gallagher and the Democratic commissioner Luis Aguilar are stepping down, and the White House has suggested Keir Gumbs and Philip Khinda as replacements. Both work at law firms that represent financial institutions…

Why the S.E.C. Could Use Commissioners With Wall Street Experience

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