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November 25, 2024

Commissioner Lizárraga to Leave the SEC

On Friday, Commissioner Lizárraga issued a statement indicating that he notified President Joe Biden of his intent to step down as SEC Commissioner, effective January 17, 2025. His statement notes:

For the better part of this year, my wife, Kelly, has confronted serious illness with admirable courage and a strong spirit. We are grateful for the support of colleagues, friends and family and are hopeful for her speedy and full recovery in the ensuing months.

In reflecting on the challenges that lie ahead, we have decided that it is in the best interests of our family to close this chapter in my 34-year public service journey.

Until my departure in January, I will remain fully engaged in the Commission’s ongoing work and activities.

I don’t yet know what comes next, but I do know that it has been a great honor to serve as SEC Commissioner.

Commissioner Lizárraga was sworn in on July 18, 2022. Prior to becoming SEC Commissioner, he served as Senior Adviser to House Speaker Nancy Pelosi, overseeing financial markets, small business, housing, international finance, and immigration. He also served as Speaker Pelosi’s Director of Member Services and liaison to the Congressional Hispanic Caucus and to the Latino community.

We certainly wish Commissioner Lizárraga and his family the best as they face his wife’s health challenges.

– Dave Lynn