April 06, 2022

Toomey Praises Nomination of Mark Uyeda for SEC Commissioner

Washington, D.C. – U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) released the following statement after President Biden announced his intent to nominate Mark Uyeda and Jaime Lizárraga to serve as commissioners at the Securities and Exchange Commission (SEC).

“With nearly two decades of dedicated public service, including the last 15 years at the SEC, Mark Uyeda is exceptionally qualified to serve as an SEC Commissioner. Having personally worked with Mark during his time as an SEC attorney detailed to the Senate Banking Committee, I know firsthand that Mark’s depth of knowledge on securities and markets is unrivaled. Beyond his sterling credentials and expertise, Mark is a smart, fair, diligent, and humble colleague. The Committee’s loss will be the SEC’s gain should he be confirmed to faithfully carry out the SEC’s narrow statutory mandates.

“I look forward to meeting with Jaime Lizárraga and discussing his views on the SEC’s mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.”

Mark T. Uyeda, Nominee for Commissioner of the Securities and Exchange Commission

Mark T. Uyeda is a career attorney with the Securities and Exchange Commission (SEC). He is currently on detail from the SEC to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he serves as Securities Counsel on the Committee’s Minority Staff. He has over 25 years of experience in corporate and securities law, including 18 years of public service working in federal and state government. Uyeda joined the SEC in 2006 and has worked in various capacities, including as Senior Advisor to Chairman Jay Clayton and Acting Chairman Michael S. Piwowar, and as Counsel to Commissioner Paul S. Atkins. He has also served as Assistant Director and Senior Special Counsel in the SEC’s Division of Investment Management. Uyeda has been recognized with multiple SEC awards, including the SEC Chairman’s Award for Excellence and the SEC Capital Markets Award. He is a past Chair of the SEC Asian Pacific American Employees Committee.

From 2004 to 2006, Uyeda served as Chief Advisor to the California Corporations Commissioner, the state’s securities regulator. Before entering public service, Uyeda was an attorney in private practice with O’Melveny & Myers LLP in Los Angeles, and Kirkpatrick & Lockhart LLP in Washington, D.C. He is a past President of the Asian Pacific American Bar Association of the Greater Washington, D.C. Area. Uyeda received his law degree with honors from Duke University and his undergraduate degree in business administration from Georgetown University.