The fact that Mr. Aguilar, a Democrat, and Mr. Gallagher, who will be replacing a departing Republican, are being offered as a package may improve their chances of getting through the Senate thicket unscathed. The nominations will be paired together and thus make it less likely that Senate confirmation will be delayed for partisan reason, David Tittsworth, executive director of the Investment Adviser Association, said in an email. I expect both nominations to be approved, though the timing will depend on the vagaries of the Senate’s schedule.
Read more: Little drama expected for SEC nominees — Investment News
