Commissioner Roel Campos of the Securities and Exchange Commission announced August 9 that he intends to leave the Commission in a month’s time to return to the private sector. Currently serving his second term, Campos was first appointed by President George W. Bush and confirmed by the U.S. Senate as a Commissioner in August 2002. A Harvard Law School graduate, before joining the SEC Campos was a principal with the Houston-based radio broadcasting firm El Dorado Communications.
“Commissioner Campos has worked tirelessly, both at home and abroad, for the protection of investors and the betterment of U.S. markets,” said SEC Chairman Christopher Cox in a statement announcing Campos’s departure. “At a time when international collaboration among securities regulators has been key to our enforcement and investor protection missions, Roel Campos has led the way. As a result of his exceptional devotion to raising investor protection standards around the globe — in both developed and developing markets — he is respected and admired among national regulators and international securities regulatory organizations throughout the world. His leadership on diversity in the workplace has helped make the SEC one of the top three places to work in the entire federal government. And his initiatives for ordinary investors–including his work to provide better disclosure for workers with 401(k) plans–have helped keep America’s markets the best in the world.”
No replacement for Campos has been named.