Alison Herren Lee was Acting Chair of the SEC, while the agency awaited Gensler’s confirmation. She’d been the senior Democratic Commissioner. There are four Commissioners and a chairman. The chair is appointed by the president, and is a member of his party, or in some rare cases, sn Independent.
Two of the remaining Commussioners are Republicans, and two are Dems.
The article you cite is interesting because the examples are of companies that shorted THEIR OWN stock.
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