SEC Announces Four New Members of Investor Advisory Committee

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The U.S. Securities and Exchange Commission announced on June 1, 2026, that it has appointed four new members to its Investor Advisory Committee, which was established under Section 39 of the Securities Exchange Act of 1934. Three of the new members—Patrick Daugherty, Sheldon L. Ray Jr., and Adriana Z. Robertson—will serve four-year terms, while the fourth, John Liu, will serve as the designated representative of the interests of senior citizens. These four join nine current committee members. The SEC stated it expects to issue a similar announcement seeking additional candidates for the committee in late 2026 or early 2027.

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