A former Invesco general counsel is one of two Democrats named by President Bush last week as his picks to fill openings on the SEC panel.

Bush said Friday he intends to nominate Luis Aguilar and Elisse Walter to serve as SEC commissioners for the remainder of a five-year term that will expire on June 5, 2010.

Aguilar is currently a partner at McKenna, Long & Aldridge, LLP. Previously, he was a partner at Alston & Bird, and before that, served as Invesco's general counsel.

Walter is senior executive vice president for regulatory policy and programs at FINRA. Earlier, she served as general counsel of the Commodities Futures Trading Commission and deputy director at the SEC's division of corporate finance.

Below is the press release issued by the White House on Friday:

Press Release

The President intends to nominate Luis Aguilar, of Georgia, to be a Commissioner of the Securities and Exchange Commission, for the remainder of a five-year term expiring 06/05/10. Mr. Aguilar currently serves as a Partner at McKenna, Long & Aldridge, LLP. Prior to this, he served as a Partner at Alston & Bird, LLP. Earlier in his career, he served as the General Counsel of INVESCO. Mr. Aguilar received his bachelor's degree from Georgia Southern University, his JD from the University of Georgia Law School, and his MLT from Emory University.

The President intends to nominate Elisse B. Walter, of Maryland, to be a Commissioner of the Securities and Exchange Commission for the remainder of a five-year term expiring 06/05/12. Ms. Walter currently serves as Senior Executive Vice President for Regulatory Policy & Programs at the Financial Industry Regulatory Authority. Prior to this, she served as General Counsel of the Commodities Futures Trading Commission. Earlier in her career, she served as Deputy Director of the Division of Corporation Finance of the Securities and Exchange Commission. Ms. Walter received her bachelor's degree from Yale University and her JD from Harvard Law School.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE