Commissioner Mark Uyeda has been sworn in for a second term at the Securities and Exchange Commission (SEC). His previous term expired in 2023, and now Uyeda may remain at the SEC until 2028. Uyeda is one of two Republican Commissioners – the other being Commissioner Hester Peirce. Both Commissioners have been supportive of Fintech and retail investors.
SEC Chairman Gary Gensler issued the following statement:
“Commissioner Uyeda is a dedicated public servant who cares deeply about our capital markets. I’m looking forward to our continued work together in furtherance of the SEC’s mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.”
Uyeda previously served on the SEC staff in several roles from 2006 to 2022, including as Senior Advisor to former Chairman Jay Clayton, Senior Advisor to Acting Chairman Michael S. Piwowar, and Counsel to Commissioner Paul S. Atkins. He also served in various staff positions in the Division of Investment Management and on detail from the SEC to the Senate Committee on Banking, Housing, and Urban Affairs as a securities counsel to the committee’s minority staff.
Prior to joining the SEC, Commissioner Uyeda served as Chief Advisor to the California Corporations Commissioner, the state’s securities regulator. He also worked as an attorney at the law firms of K&L Gates (formerly known as Kirkpatrick & Lockhart LLP) in Washington, D.C. and O’Melveny & Myers LLP in Los Angeles.