Stoltzfus in her new role, will lead the activities of the Office of the Chief Accountant's (OCA) Professional Practice Group (PPG), which includes supporting the commission in overseeing the activities of the Public Company Accounting Oversight Board (PCAOB), managing rule-making and the resolution of auditor independence matters, and monitoring and addressing matters related to requirements for internal control over financial reporting (ICFR) and the audit of the financial statements.

"I am very excited that Diana has agreed to join OCA to oversee PPG," said SEC Chief Accountant Sagar Teotia.  Diana’s extensive experience and expertise will be extremely valuable as we work closely with the PCAOB and other various stakeholders on auditing, ICFR, and auditor independence matters.  We are looking forward to Diana joining us and building on the hard work and prior successes of PPG.”

"It is an honor to serve as an SEC commissioner," said Crenshaw. "I believe in the mission deeply, and I look forward to working with Chairman Clayton and Commissioners Peirce, Roisman, and Lee and the dedicated staff to promote and protect the interests of American families."

Peirce had previously been sworn in as a commissioner in 2018 before being reapproved. She has primarily been involved with matters of innovation in financial services and has led the commission’s efforts to stand up the Dodd-Frank Act Title VII regulatory regime. Before joining the SEC, Peirce was an academic who studied financial markets regulation, and before that, she served as a senior counsel on the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where she advised Ranking Member Richard Shelby and other members of the Committee on securities issues. She has also served as counsel to SEC Commissioner Paul S. Atkins and as a staff attorney in the SEC's Division of Investment Management.

"I am honored to be able to continue to serve our investors and protect the integrity and efficacy of our markets together with the SEC staff and my fellow commissioners, including my newest colleague, Commissioner Crenshaw," said Peirce.