ASA Statement on the Departure of Commissioner Hester Peirce

WASHINGTON – The American Securities Association (ASA) today released the following statement from President and CEO Chris Iacovella on the departure of Securities and Exchange Commission (SEC) Commissioner Hester Peirce:

"Commissioner Peirce is a model public servant, and it has been a privilege to work with her across many roles over the past two decades. I wish her the best in her next venture and strongly encourage her to keep using her voice to shape our national financial services policy debates."

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The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.