SEC Is Back at Full Strength With Five Members

The Senate confirmed Elad Roisman (’06) to join the Securities and Exchange Commission, giving the regulator a fifth and final member as it prepares to impose restrictions on stockbroker advice while loosening the reins on some public companies.

Mr. Roisman, 37 years old, will join the SEC after working for several years on the Senate Banking Committee, where he was the panel’s chief counsel. The Senate approved him 85-14.