On December 20, 2021, Commissioner Elad L. Roisman submitted his resignation from the US Securities and Exchange Commission (SEC), indicating an intent to step down by end of January 2022. In his statement, Commissioner Roisman expressed gratitude for his time as Commissioner and Acting Chairman of the agency, stating that it has been the “greatest privilege of [his] professional life.” Commissioner Roisman has been with the SEC since September 2018, also serving as Acting Chairman for a period of time from 2020–2021.
Commissioner Roisman focused much of his tenure at the SEC on updating and improving the proxy voting process, protecting elder investors, and modernizing the US Treasury markets. With respect to the SEC’s policymaking over the past several years, Commissioner Roisman had a reputation for being a consensus builder, often expressing an open mind in his public statements, even when he personally would have preferred a different approach.
Commissioner Roisman did not state his plans for the future. Prior to serving as an SEC Commissioner, he was the Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Prior to that, he served as Counsel to SEC Commissioner Daniel M. Gallagher. Earlier in his career, he was Chief Counsel at NYSE Euronext and also practiced law at the law firm of Milbank, Tweed, Hadley & McCloy LLP in New York.
See Chair Gensler’s brief statement, as well.