First, happy new year to my faithful blogees! As President-elect Trump has been organizing his proposed Cabinet, we haven't heard much yet about appointments to administrative agencies such as the Securities and Exchange Commission. Trump gets to appoint three open SEC commissioner spots out of five....

As the fallout from the election of President-elect Donald Trump continues, Obama-appointed SEC Chair Mary Jo White announced yesterday that she will leave the SEC when Obama leaves office, though her term doesn't end until 2019. Chair White is an independent and while she has...