Investor Advisory Committee
Section 911 of the Dodd-Frank Act established the new Investor Advisory Committee to advise the Commission on regulatory priorities, the regulation of securities products, trading strategies, fee structures, the effectiveness of disclosure, and on initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace.
The Dodd-Frank Act authorizes the committee to submit findings and recommendations for review and consideration by the Commission. (Links to the Committee’s recommendations can be found below.) Members of the Committee are chosen from among knowledgeable representatives of both retail and institutional investors. (Links to the biographies of current Committee members can be found below.) If you think you might be interested in serving on the Investor Advisory Committee, please review the following for information on eligibility criteria, how to apply, and what to expect if you are chosen to serve.
The application period, announced by the Commission on March 26, 2024, for membership to the U.S. Securities and Exchange Commission’s Investor Advisory Committee is closed.
Committee Members
Officers
NAME |
TITLE/COMPANY |
Partner and Chief Legal Officer, Trian Fund Management, L.P. | |
Professor of Law and Associate Dean of Curriculum, Stanford Law School | |
Chief Investment Officer, Mendota Financial Group |
Members
NAME |
TITLE/COMPANY |
Founder and CEO, The Jamila Mayfield Group, LLC | |
Vice President Public Policy, Franklin Templeton | |
Chief RI Ecosystems Officer, Principles for Responsible Investment (PRI) | |
Investor Advocate, U.S. Securities and Exchange Commission | |
Professor of Law, Duke Law School | |
Professor of Clinical Legal Education, St. John’s University School of Law of Counsel, Law Offices of Brent A. Burns, LLC | |
Executive Vice President, Chief Advocacy and Engagement Officer, Community, State and National Affairs, AARP | |
Senior Policy Analyst—Hedge Funds and Private Equity, Americans for Financial Reform | |
Senior Head, Global Financial Reporting Policy, CFA Institute | |
Staff General Surgeon, U.S. Navy | |
Retired, Former Senior Vice President and Senior Counsel, Fund Business Management Group, Capital Research and Management Company | |
Partner, Cerity Partners | |
Retired, Social Studies Chair Retired Adjunct Instructor in Economics, University of Scranton, Parkland School District |
|
Administrator, Division of Securities, State of Wisconsin Department of Financial Institutions | |
Partner, Development Partners International |
See also: Subcommittee Members
Recommendations of the Investor Advisory Committee
- Financial Literacy and Investor Education
- Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies
- Digital Engagement Practices
- Human Capital Management Disclosure
- Open-End Fund Liquidity Risk Management Programs and Swing Pricing
- Single-Stock ETFs
- 13D-G, and 10B-1
- Registered Investment Adviser Oversight
- Customer Account Statements
- Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
- Climate-Related Disclosure Rule
- Accounting Modernization
- Protecting Older Adult Investors
- Investor Advocacy Clinic Funding
- Individual Retirement Accounts
- Rule 10b5-1 Plans
- Special Purpose Acquisition Companies (SPACs)
- Minority and Underserved Inclusion
- Credit Rating Agencies
- Disclosure Effectiveness
- Accounting and Financial Disclosure
- ESG Disclosure
- SEC Guidance and Rule Proposals on Proxy Advisors and Shareholder Proposals
- Exchange Rebate Tier Disclosure
- Proxy Plumbing
- Investment Research in a Post-MiFID II World
- Human Capital Management Disclosure
- Proposed Regulation Best Interest
- Transaction Fee Pilot for NMS Stocks
- Select Enhancements to Protect Retail Investors in Municipal and Corporate Bonds
- Financial Support for Law School Clinics that Support Investors
- On Dual Class and Other Entrenching Governance Structures in Public Companies
- Promotion of Electronic Delivery and Development of a Summary Disclosure Document for Delivery of Investment Company Shareholder Reports
- To Enhance Information for Bond Market Investors
- Mutual Fund Cost Disclosure
- Empowering Elders and Other Investors: Background Checks in the Financial Markets
- Shortening the Trade Settlement Cycle in U.S. Financial Markets
- Accredited Investor Definition
- Impartiality in the Disclosure of Preliminary Voting Results
- Crowdfunding
- Decimalization and Tick Sizes
- Legislation to Fund Investment Adviser Examinations
- Broker-Dealer Fiduciary Duty
- Universal Proxy
- Data Tagging
- Target Date Mutual Funds
- General Solicitation and Advertising
Other Actions
- Letter to SEC re: Diversity Self-assessment Tool
- Letter to SEC re: Cryptocurrency
- Letter to SEC re: Ethical AI
- Investor as Owner Subcommittee Letter to FASB re: Corporate Income Taxes
- Investor as Owner Subcommittee Letter re: Subpart 400 of Reg S-K and Study on Modernization and Simplification
- Letter on Regulation S-K Concept Release and Disclosure Effectiveness
- Letter to FASB re: Materiality
Organization
Meetings
June 6, 2024
March 7, 2024
- Sunshine Act Notice
- Agenda
- Updated Draft recommendation regarding Digital Engagement Practices (February 2024)
- Statement of Dissent Regarding Digital Engagement Practices Recommendation (Van Buskirk)
- Statement of Dissent Regarding Digital Engagement Practices Recommendation (Martin Firvida)
- Webcast Archive (Part 1)
- Webcast Archive (Part 2)
- Minutes
December 7, 2023
September 21, 2023
June 22, 2023
March 2, 2023
December 8, 2022
September 21, 2022
June 9, 2022
March 10, 2022
December 2, 2021
September 9, 2021
June 10, 2021
March 11, 2021
December 3, 2020
September 24, 2020
May 21, 2020
- Agenda
- Meeting Notice
- Sunshine Act Notice
- Recommendation of the Investor as Purchaser Subcommittee on Disclosure Effectiveness
- Recommendation of the Investor as Owner Subcommittee on Accounting and Financial Reporting Disclosure
- Recommendation of the Investor As Owner Subcommittee on ESG Disclosure
- Statement of Dissent Regarding ESG Disclosure Recommendation (Holmes)
- Webcast Archive
- Minutes
May 4, 2020
April 2, 2020
Feb. 27, 2020
Jan. 24, 2020
- Agenda
- Recommendation of the Market Structure Subcommittee on the Exchange Rebate Tier Disclosure (Revised January 15, 2020)
- Recommendation of the Investor-as-Owner Subcommittee Relating to SEC Guidance and Rule Proposals on Proxy Advisors and Shareholder Proposals (Jan. 16, 2020)
- Statement of Dissent Regarding SEC Guidance and Rule Proposals on Proxy Advisors and Shareholder Proposals (Stam)
- Statement of Dissent Regarding SEC Guidance and Rule Proposals on Proxy Advisors and Shareholder Proposals (Mahoney and Verret)
- Statement of Abstention Regarding SEC Guidance and Rule Proposals on Proxy Advisors and Shareholder Proposals (Holmes)
- Notice of Meeting
- Sunshine Act Notice
- Webcast Archive
- Minutes
November 7, 2019
September 19, 2019
September 5, 2019
July 25, 2019
March 28, 2019
Meeting Archives
Last Reviewed or Updated: July 5, 2024