What Asset Managers Can Expect From The SEC In 2018

It has been more than a year since Donald Trump's surprise election. His nominee to lead the U.S. Securities and Exchange Commission, Jay Clayton, was confirmed by a vote of 61-37 in the full Senate, with several moderate Democrats joining Republicans in favor of his chairmanship. Clayton was sworn in as the 32nd chairman of the SEC on May 4, 2017, and has now been on the job for the better part of a year. Following are 10 issues to watch during the coming year at the SEC.

1. Full House

For the first time since 2015 — when Commissioners Daniel Gallagher and Luis Aguilar resigned their seats — the SEC will be operating with a full slate of five commissioners. Last month, the Senate confirmed two pending nominees. Hester Peirce, a Republican who worked for SEC Commissioner Paul Atkins and served on the Senate Banking Committee staff when Dodd-Frank was enacted, brings a wealth of experience and expertise to the commission. Similarly, Robert Jackson, a Democrat and