Michael Piwowar Remains the Acting Chairman of the SEC: Maybe there is still hope for Due Process after all…


Dr. Piwowar was known for being the dissenting Republican voice on Obama’s SEC Commission, a commission famous for it’s use of in-house administrative judges that made sure the SEC virtually never lost a case.  He was frequently the dissenting voice on a commission that used a “no broken windows” policy to destroy small firms while allowing big financial firms to turn over billions and billions of shareholder dollars to avoid prosecution.

Dr. Michael S. Piwowar was designated Acting Chairman of the U.S. Securities and Exchange Commission (SEC) by President Donald Trump on January 23, 2017. Dr. Piwowar was first appointed to the Commission by President Barack Obama and was sworn in on August 15, 2013.


Author: Eric D. Wanger

Eric has nearly 30 years of experience as a creative and entrepreneurial professional in roles ranging from general management, team leadership and project management to technical rolls in IT, software development financial services and law. He has run business units, managed teams and delivered projects for established global enterprises and as the founder of a number of startups. Over his nearly 30 years at work, his job titles have included Board Member (public, private and non-profit), President, Founder, Chief Operating Officer, Director of Research, Chief Investment Officer, Fund Manager, Software Developer, Securities Analyst, Web Designer, Systems Integrator, Investment Advisor, Fundraiser, Consultant and Attorney. As a software consultant, cloud based, mobile app software as a consultant to one of the world’s leading electronic medical records companies (Cerner). As Chief Investment Officer and Director of Research for a startup financial services firm (Wanger OmniWealth, LLC), he developed a proprietary, risk-based holistic reporting platform for wealthy families and a set of allocation models based on it. He has developed automated trading systems for equity and equity ETF's. Between 2002 and 2013, Eric served as a portfolio manager of the Long Term Opportunity fund (small/micro-cap equities), the Alternative Fixed Income Fund (blend of exchange traded and privately negotiated debt) and as the strategist and founder (with Ralph Wanger) for the Income and Growth Fund (multi-asset class dividend strategy). Eric was a senior investment analyst at Barrington Research Associates (Chicago) covering technology and business services. Prior to that, Eric was a software, communications, and technology analyst for the Edgewater Funds, a private equity/venture capital firm with over $1 billion under management. Before joining Edgewater funds in 2000, Eric worked in Silicon Valley providing consulting, training, and software development to early-¬stage firms. Between 1991 and 1996, Eric was a principal consultant at EDW, Ltd, a firm he founded to provide software development, training in rapid software development techniques (NeXT), and systems interoperability consulting services for large multi-vendor and distributed computer networks. EDW's clients included such companies as Fannie Mae, MCI, Swiss Bank Corp (UBS), Chrysler, Merrill Lynch, Apple Computer, Stanford University, and The Acorn Funds. Eric received his J.D. from Stanford Law School and is a member of the California Bar. He was co-founder and managing editor of the Stanford Technology Law Review. Eric was awarded a National Merit Scholarship in 1981. He holds a B.S. in Mathematics from the University of Illinois at Urbana-¬Champaign and received a Chartered Financial Analyst designation in 2005. Eric lives in Chicago with his three children and a fat English Labrador retriever named Casper. He enjoys classical and jazz piano, hiking and aviation. He is an instrument rated pilot. Eric serves as a trustee for the Acorn Foundation and is active at Chicago’s Museum of Science and Industry.

One thought on “Michael Piwowar Remains the Acting Chairman of the SEC: Maybe there is still hope for Due Process after all…

  1. Thanks

    Kenneth D. Malamed | Senior Managing Director

    L&S Advisors, Inc.
    12121 Wilshire Blvd. | Suite 1100 | Los Angeles, CA 90025
    t: 310-893-6060 | f: 310-893-6070|d: 310-893-8060
    e: kmalamed@lsadvisors.com
    w: http://www.lsadvisors.com

    Twitter | LinkedIn | Facebook | Google+

    Risk Management Transcends Everything

    The information in this transmittal is confidential and is intended only for the recipient(s) listed above. If you are neither the intended recipient(s) nor a person responsible for the delivery of this transmittal to the intended recipient(s), you are hereby notified that any unauthorized distribution or copying of this transmittal is prohibited. If you received this transmittal in error, please notify me immediately at kmalamed@lsadvisors.com.
    Note: All email sent to or from the L&S Advisors, Inc. corporate email system may be retained, monitored and/or reviewed by L&S compliance personnel.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.