Mark Uyeda

{{Short description|American government official}}

{{Infobox officeholder

| name = Mark Uyeda

| image = Mark T. Uyeda, SEC Commissioner 2.jpg

| caption = Official portrait, 2022

| status = Acting

| office = Chair of the U.S. Securities and Exchange Commission

| term_start = January 20, 2025

| president = Donald Trump

| predecessor = Gary Gensler

| successor = Paul S. Atkins

| office1 = Commissioner of the U.S. Securities and Exchange Commission

| president1 = Joe Biden
Donald Trump

| term_start1 = June 30, 2022

| term_end1 =

| predecessor1 = Elad L. Roisman

| successor1 =

| birth_name = Mark Toshiro Uyeda

| party = Republican

| education = Georgetown University (BS)
Duke University (JD)

| term_end = April 21, 2025

}}

Mark Toshiro Uyeda ({{langx|ja|上田 俊郎}},[https://www.us-lighthouse.com/life/japanese-american/japanese-american-leaders.html アメリカ社会で活躍する日系人リーダー - 現地情報誌ライトハウス][https://hojishinbun.hoover.org/?a=d&d=thh19510711-01.1.10&srpos=6&e=-------ja-10--1--txt-%E4%B8%8A%E7%94%B0%E4%BF%8A------ Hawaii Herald (ホノルル), 1951.07.11] born 1970) is an American attorney and government official. A member of the Republican Party, Uyeda has served as a Commissioner of the U.S. Securities and Exchange Commission (SEC) since June 30, 2022.{{cite web |date=2022-06-30 |title=Mark T. Uyeda Sworn In as SEC Commissioner |url=https://www.sec.gov/news/press-release/2022-118 |access-date=2022-07-05 |publisher=Securities and Exchange Commission}} Before becoming an SEC Commissioner, Uyeda served on the staff of the SEC for more than 15 years.{{cite web| title = Biography: Mark T. Uyeda |url=https://www.sec.gov/about/commissioners/mark-t-uyeda |access-date=2023-05-14 |website=www.sec.gov}} He is the first Asian Pacific American to serve as a Commissioner of the SEC.{{Cite web |title=SEC.gov {{!}} Mark T. Uyeda |url=https://www.sec.gov/about/commissioners/mark-t-uyeda |access-date=2023-03-03 |website=www.sec.gov}}{{Cite web |last=Sharpe |first=Abby |date=2022-10-04 |title=Mark Uyeda (B'92) Brings Years of Experience and Connections as New SEC Commissioner |url=https://msb.georgetown.edu/news-story/mark-uyeda-b92-brings-years-of-experience-and-connections-as-new-sec-commissioner/ |access-date=2023-03-03 |website=McDonough School of Business |language=en}}

Early life and education

Uyeda was born to a Japanese American family. His grandfather Mac Yukihiro, ran the family business, Yukihiro Produce, in Westminster, California. Uyeda stated his grandfather and mother were interned due to Executive Order 9066, which forced him to rebuild his business.{{Cite web |last= |first= |date=2022-05-21 |title=Mark Uyeda Nominated as SEC Commissioner |url=http://rafu.com/2022/05/mark-uyeda-nominated-as-sec-commissioner/ |access-date=2023-03-03 |website=Rafu Shimpo |language=en-US}}

Uyeda graduated from Georgetown University with a bachelor of science degree in business administration in 1992. He later received his Juris Doctor degree from the Duke University School of Law. As a law student, Uyeda was the notes editor for the Duke Law Journal.{{Cite journal |last=Uyeda |first=Mark |date=1995-02-01 |title=Presidential Prerogative Under the Constitution to Deploy U.S. Military Forces in Low-Intensity Conflict |url=https://scholarship.law.duke.edu/dlj/vol44/iss4/4 |journal=Duke Law Journal |volume=44 |issue=4 |pages=777–828 |doi=10.2307/1372924 |jstor=1372924 |issn=0012-7086|url-access=subscription }}{{Cite web |title=INFORMATION ON THE SPEAKERS |url=https://webline.sfi.org.tw/workshop/leftitems.asp?csn=225&u=2 |access-date=2022-04-06 |website=webline.sfi.org.tw}}

Legal career

From 1995 to 1996, Uyeda worked as an associate at K&L Gates. He later became an associate at O'Melveny & Myers in Los Angeles, where he worked from 1997 to 2004. From 2004 to 2006, he served as a senior advisor to the commissioner of the California Department of Corporations.

In 2006, he became an attorney and advisor at the U.S. Securities and Exchange Commission (SEC). Prior to serving as a commissioner, Uyeda was a staffer for SEC commissioner Michael Piwowar and worked for SEC chair Jay Clayton. He has also worked on detail as a Republican staffer for the United States Senate Committee on Banking, Housing, and Urban Affairs.{{Cite web |date=2022-04-06 |title=President Biden Announces Key Nominees |url=https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2022/04/06/president-biden-announces-key-nominees-10/ |access-date=2022-04-06 |website=The White House |language=en-US}}{{Cite web |last1=Davidson |first1=Kate |last2=Lippman |first2=Daniel |title=SEC noms: Here's who's on the short list |url=https://politi.co/37Jd616 |access-date=2022-04-06 |website=POLITICO |date=23 March 2022 |language=en}}

Commissioner of the U.S. Securities and Exchange Commission (SEC)

In April 2022, President Joe Biden nominated Uyeda to fill a vacant seat on the SEC left formerly held by Elad Roisman.{{Cite web |last=Vakil |first=Caroline |date=2022-04-06 |title=Biden taps Democrat, Republican to serve on SEC |url=https://thehill.com/business/3260911-biden-taps-democrat-republican-to-serve-on-sec/ |access-date=2023-03-03 |website=The Hill |language=en-US}} His nomination was supported by Senator Pat Toomey (R-PA), who signed a letter of recommendation in his favor.

On June 16, 2022, both Uyeda and Democratic SEC nominee Jaime Lizárraga were confirmed by the U.S. Senate.{{Cite web |title=Senate Confirms New SEC Commissioners {{!}} Insights {{!}} Holland & Knight |url=https://www.hklaw.com/en/insights/publications/2022/06/senate-confirms-new-sec-commissioners |access-date=2023-03-03 |website=www.hklaw.com |language=en}} Alongside Hester Peirce, Uyeda is one of two Republicans on the five member body.{{Cite web |last=Jaeger |first=Jaclyn |date=June 17, 2022 |title=Two New SEC Commissioners Confirmed by Senate |url=https://compliancechief360.com/two-new-sec-commissioners-confirmed-by-senate/ |access-date=March 3, 2023 |website=Compliance Chief 360}} Uyeda's confirmation made him the first Asian American to serve as an SEC commissioner. Since taking office, Uyeda has expressed concerns about the viability of thirty-day comment periods.{{Cite web |last=Harty |first=Declan |date=2023-01-11 |title=POLITICO Pro Q&A: SEC Commissioner Mark Uyeda |url=https://subscriber.politicopro.com/article/2023/01/politico-pro-q-a-sec-commissioner-mark-uyeda-00077272 |access-date=2023-03-03 |website=POLITICO |language=en}} On June 2, 2023, President Biden announced his intent to nominate Uyeda to a second term.{{Cite press release |title=President Biden Announces Key Nominees |date=June 2, 2023 |publisher=The White House |url=https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2023/06/02/president-biden-announces-key-nominees-48/ |access-date=January 25, 2024}} On June 6, 2023, his nomination was sent to the Senate.{{Cite press release |title=Nominations Sent to the Senate |date=June 6, 2023 |publisher=The White House |url=https://bidenwhitehouse.archives.gov/briefing-room/presidential-actions/2023/06/06/nominations-sent-to-the-senate-108/ |access-date=January 25, 2024}} On October 19, 2023, a hearing on his nomination was held before the Senate Banking, Housing, and Urban Affairs Committee.{{Cite web |date=October 19, 2023 |title=Hearing to Consider Nominations |url=https://www.banking.senate.gov/hearings/hearing-to-consider-nominations |access-date=January 25, 2024 |website=United States Senate Committee on Banking, Housing, and Urban Affairs}} On November 7, his nomination was reported favorably out of committee by voice vote.{{Cite press release |title=Brown Advances Nominations for NCUA, SEC, FDIC, SIPC, and Export-Import Bank |date=November 7, 2023 |publisher=United States Senate Committee on Banking, Housing, and Urban Affairs |url=https://www.banking.senate.gov/newsroom/majority/brown-advances-nominations-for-ncua-sec-fdic-sipc-and-export-import-bank |access-date=January 25, 2024}} On December 20, 2023, his nomination was confirmed in the Senate by voice vote.{{Cite web |date=December 20, 2023 |title=PN740 — Mark Toshiro Uyeda — Securities and Exchange Commission |url=https://www.congress.gov/nomination/118th-congress/740 |access-date=January 25, 2024 |website=congress.gov}} He was sworn in for a second term on January 3, 2024.{{Cite press release |title=Mark Uyeda Sworn in for Second Term as SEC Commissioner |date=January 3, 2024 |publisher=U.S. Securities and Exchange Commission |url=https://www.sec.gov/news/press-release/2024-1 |access-date=January 25, 2024}}

References

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