Roel Campos, one of the two Democrats on the five-member Securities and Exchange Commission, announced plans to return to the private sector next month, further tipping the balance on the panel as the SEC continues to issue and enforce regulations affecting accountants.
The former Houston radio company executive and prosecutor was heavily involved in designing rules for enforcing the Sarbanes-Oxley Act of 2002, the year he was appointed to the commission. He was the first prosecutor and first Hispanic ever appointed to the panel, and he helped with enforcement programs to restore investor confidence in the wake of the Enron and WorldCom accounting scandals.
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