MyWikiBiz, Author Your Legacy — Friday May 03, 2024
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, 15:50, 13 February 2010
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| The SEC has five Commissioners who are appointed by the [[President of the United States]] with the advice and consent of the United States Senate. Their terms last five years and are staggered so that one Commissioner's term ends on [[June 5]] of each year. To ensure that the SEC remains non-partisan, no more than three Commissioners may belong to the same political party. The President also designates one of the Commissioners as Chairman, the SEC's top executive. | | The SEC has five Commissioners who are appointed by the [[President of the United States]] with the advice and consent of the United States Senate. Their terms last five years and are staggered so that one Commissioner's term ends on [[June 5]] of each year. To ensure that the SEC remains non-partisan, no more than three Commissioners may belong to the same political party. The President also designates one of the Commissioners as Chairman, the SEC's top executive. |
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| President [[Franklin Delano Roosevelt]] appointed [[Joseph P. Kennedy, Sr.]], President [[John F. Kennedy]]'s father, to serve as the first Chairman of the SEC. | | President [[Franklin Delano Roosevelt]] appointed [[Joseph P. Kennedy, Sr.]], President [[John F. Kennedy]]'s father, to serve as the first Chairman of the SEC. |