17 C.F.R. § 140.10

The Commission

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The Commission is composed of a Chairman and four other Commissioners, not more than three of whom may be members of the same political party, who are appointed by the President, with the advice and consent of the Senate, for 5-year terms, one term ending each year. The Commission is assisted by a staff, which includes lawyers, economists, accountants, investigators and examiners, as well as administrative and clerical employees.

[41 FR 28474, July 12, 1976]
Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: Sec. & Exch. Comm'n v. Citigroup Global Markets Inc., 34 F. Supp. 3d 379 (S.D.N.Y. 2014).
Sec. & Exch. Comm'n v. Citigroup Global Markets Inc., 34 F. Supp. 3d 379 (S.D.N.Y. 2014). “It is difficult to know what the Court of Appeals meant by “politically liable” since the SEC, by its charter, is designed to be free of political interference, see 17 C.F.R. § 140.10 , and routinely asserts its independence from political pressures, see Mary Jo White, The…”
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