On at least two key issues, Peirce, whose previous nomination to the post by President Obama reportedly foundered because of objections by Sen. Elizabeth Warren and other Senate Democrats, has expressed views that seem to match Clayton’s. Like him, she appears to feel that the Department of Labor’s Fiduciary Rule may fall under the bailiwick of the SEC and that the commission should make it easier for more companies to raise funds under the Jumpstart our Business Startups Act.
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