Commissioner Caroline Crenshaw’s extended term ended over the weekend, on January 3rd. Commissioner Crenshaw has dedicated over a decade of her career to the agency. On Friday, Chairman Atkins and Commissioners Peirce and Uyeda issued a statement on her departure, thanking her for her service.

Over those years, she has been a steadfast advocate for the agency’s mission – demonstrating clarity of purpose and generosity of spirit. Commissioner Crenshaw has listened carefully, engaged substantively, and approached every day with the purpose of safeguarding investors and strengthening our markets. Those qualities are hardly surprising when you consider Commissioner Crenshaw’s broader record of service beyond the agency. As a major in the U.S. Army Reserve JAG Corps, she brings to her work a spirit of duty and a sense of discipline that reflects the very best of what this country asks of those who serve it.

As Bloomberg reported, and we’ve noted before, this means the SEC (and the CFTC) are entering a GOP-only era.

– Meredith Ervine