Yhn first seen 15 h ago, last 13 h ago, peak #19
One person now forms a quorum at the SEC
Original: One person is now a quorum at the SEC
The US Securities and Exchange Commission is down to a single commissioner, meaning that one person alone can constitute a quorum and act for the agency. With departures leaving the panel far below its usual five members, one individual can now approve rules and enforcement actions without colleagues present, raising questions about oversight and legitimacy of decisions made in this period.
Why now: Unusual concentration of regulatory power in a single official has drawn attention to governance risks at a key US financial regulator
US Securities and Exchange Commission
Evidence
- One person is now a quorum at the SEC · mooreds · 72
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