Obama taps law professor and researcher for SEC

President Obama is nominating a law professor and a senior research director to the Securities and Exchange Commission.

The nominations of Lisa Fairfax and Hester Maria Peirce were announced Tuesday.

Fairfax is a Leroy Sorenson Merrifield Research Professor of Law at George Washington University Law School where she also serves on the executive board and as director for programs for the George Washington Center for Law, Economics and Finance.

Fairfax, who earned her legal degree at Harvard University, has been a member of a number of legal organizations, including the Corporate Laws Committee of the American Bar Association’s Business Law Section. In the past, she’s chaired the Securities Regulation Section of the Association of American Law Schools and the Business Associations Section of the Association of American Law Schools.

Peirce earned her legal degree from Yale Law School and now works as a senior research fellow at George Mason University where she also serves as the director of the Financial Markets Working Group at the school’s Mercatus Center.

Prior to Pierce’s time at George Mason University, she served as senior counsel for the minority staff of the Senate Committee on Banking, Housing, and Urban Affairs and before that at the SEC, as counsel to Commissioner Paul Atkins.