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Revision as of 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.
