SEC Commissioner Mark Uyeda defends quorum rule revisions

Uyeda tells the Financial Times the agency's mission is intact after a rule change lets one eligible commissioner form a quorum in certain cases The Securities and Exchange Commission is down to two commissioners. One of them now says that’s no reason to panic. On October 12, 2026, SEC Commissioner Mark T. Uyeda wrote a letter to the Financial Times defending recent changes to the agency’s quorum rule. His core argument is that the SEC’s mission has not changed, even though the commission looks noticeably emptier than it did a few weeks ago.

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