Elisse B. Walter

Quick Facts

Full Name	Elisse B. Walter
Occupation	Lawyer
Date Of Birth	Apr 14, 1950(1950-04-14)
Age	74
Birthplace	New York
Country	United States
Horoscope	Aries

Elisse B. Walter Biography

Elisse B. Walter is one of the most popular and richest Lawyer who was born on April 14, 1950 in New York, United States. Elisse B. Walter (born April 14 1950) was the 30th Chair of the U.S. Securities and Exchange Commission (SEC) from December 14, 2012 until April 10 2013. She was named Chair of the SEC by President Barack Obama on November 26 2012, and was swearing in on December 14 on the 14th day of 2012. She was initially appointed the fifth of SEC commissioners by president George W. Bush and swearing in on July 9 in 2008. As a result of a presidential designation Obama the President later appointed her as Acting Chair from the month of January 2009. She was a commissioner of the SEC from August 9 to 2013, when she was appointed a Commissioner.

Before her election as SEC Commissionerin 2007, she worked as Senior Executive Vice-President, Regulatory Policy & Programs at the Financial Industry Regulatory Authority (FINRA). She was in the same post within the National Association of Securities Dealers (NASD) prior to its consolidation in 2007 to become NYSE Member Regulation and redesignation to FINRA. Walter managed policy issues across FINRA and was in charge of a variety of departments such as Investment Company Regulation as well as Corporate Finance, Member Education and Training and the Investor Education, Emerging Regulatory Issues and Disciplinary Affairs. She was also as a member of the board for the FINRA Investor Education Foundation.

Walter became Chair when her predecessor, Mary Schapiro, stepped down on December 14, 2012. Walter was serving a five-year term that ended in June 2012, but Commissioners can serve an additional 18 months after their terms end, according to a MarketWatch report at the time her appointment was announced. Even at that time, President Obama was likely to nominate someone for a full term soon thereafter, the report said. Walter “told agency officials that she plans to serve for a short time. The White House, which faces more pressing cabinet-level nominations, is expected to name an S.E.C. successor next year,” the NY Times reported then.

Walter held a Democratic seat on the Commission, succeeding Annette Nazareth, who left the SEC in January 2008 to work in private practice. Walter was recommended for the Commissioner position by Senate Majority Leader Harry M. Reid (D-Nev.) in 2007, along with fellow Commissioner Luis A. Aguilar. Her term on the Commission ended June 5, 2012 but she continued to serve until August 9, 2013.

Another issue she tackled in her testimony in the National Association of Securities Dealers as a member, was the NASD’s oversight procedures regarding improper sales of specific investment products to those who are members of the military. In testimony before a subcommittee of Congress in May 2006 about the NASD’s financial education program that focus on military personnel as well as their family members, she discussed the issues raised by a particular broker- dealer First Command Financial Planning, Inc. located in Fort Worth, Texas, which was making unsuitable sales of goods and services that included an investment product known as PPPs, or Periodic Payment Plans. First Command had targeted and sold more than half a million of extremely complicated and costly PPPs to people who served in the military. After an investigation and censure the company was penalized by the government for 12 million dollars on December 4, 2004. This included restitution as well as funding for the NASD Investor Education Foundation. In the year 2006 First Command informed the NASD that it had stopped selling PPPs.

Elisse B. Walter Net Worth

Elisse B. Walter is one of the richest Lawyer from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Elisse B. Walter 's net worth $5 Million. (Last Update: December 11, 2023)

Walter was born into an Jewish household living in New York City. She went to Pembroke College at Brown University in 1967. She then received her degree at Yale University with a B.A. in cum laude and in math. She earned her J.D. degree, which is also known as cumlaude, in the year 2000 from Harvard Law School. The school she graduated from was Herricks High School in New Hyde Park, Long Island, NY.

Before joining the NASD She was General Counsel for the Commodity Futures Trading Commission (CFTC). Prior to becoming a member of the CFTC in 1994, she served as the Director Deputy of the Division of Corporation Finance at the SEC. She was as a member of the SEC’s staff starting in 1977, both within the Division as well as in the Office of the General Counsel and as the Associate General Counsel. Prior to joining the SEC she worked as an attorney in an attorney firm that was privately owned that was located in Washington, DC, Arent, Fox, Kintner, Plotkin and Kahn.

In August 2008 at an opening meeting of the SEC, Walter expressed her support for the implementation of International Financial Reporting Standards for U.S. companies, but cautioned that a ruling from the SEC was far from finalized. “Most important, we have to keep in mind that no one knows for certain what the future will hold,” she said. “I strongly believe that we have to prepare for the alternative that the Commission will determine not to adopt, or permit the use of, IFRS for U.S. issuers. … [T]here are significant hurdles to overcome over the next three years in order for the Commission to determine to accept IFRS reporting from U.S. issuers.”

Height, Weight & Body Measurements

Elisse B. Walter height Not available right now. Elisse weight Not Known & body measurements will update soon.

Who is Elisse B. Walter Dating?

According to our records, Elisse B. Walter is possibily single & has not been previously engaged. As of December 1, 2023, Elisse B. Walter’s is not dating anyone.

Relationships Record : We have no records of past relationships for Elisse B. Walter. You may help us to build the dating records for Elisse B. Walter!

Facts & Trivia

Elisse Ranked on the list of most popular Lawyer. Also ranked in the elit list of famous people born in United States. Elisse B. Walter celebrates birthday on April 14 of every year.