On October 20, the White House announced two intended nominations for Daniel Gallagher’s replacement as SEC Commissioner, Hester Maria Pierce and Lisa M. Fairfax. Currently, Ms. Pierce is a Senior Research Fellow and Director of Financial Markets Working Group at the Mercatus Center at George Mason University. Previously, she served as a Staff Attorney at the SEC in the Division of Investment Management and as Counsel to SEC Commissioner Paul Atkins. Ms. Fairfax is a professor at George Washington University Law School, where she serves on the Executive Board and as Director for Programs for the George Washington Center for Law, Economics and Finance.