One of the newest members of the Securities and Exchange Commission blasted a panel of top financial regulators Monday for encroaching on the agency’s turf — and rebuffing him when he tried to get a seat at the table.
In one of his first public speeches since joining the SEC in August, Republican Commissioner Michael Piwowar said that the Financial Stability Oversight Council is “reaching into the SEC’s realm” and posing “an existential threat” to the agency and other regulators.
‘Enforcement 40’ for 2020
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