Hon. Luis Aguilar
Mr. Aguilar served as a Commissioner at the U.S. Securities and Exchange Commission from July 31, 2008 to December 31, 2015. Commissioner Aguilar was originally appointed by President George W. Bush and was reappointed by President Barack Obama in 2011. Commissioner Aguilar became the eighth longest-serving Commissioner in SEC history, and is one of only three Commissioners to have been nominated by two U.S. Presidents from two different political parties.
Commissioner Aguilar’s tenure started only a few weeks before the collapse of Lehman Brothers and the financial turmoil that followed and only a few months before one of the largest financial frauds in U. S. history – the Bernard Madoff Ponzi scheme – was exposed. Consequently, the Commission began one of the most transformational periods in its history. During Commissioner Aguilar’s service, the Commission underwent a significant internal restructuring by, among other things, creating a panoply of new Divisions and Offices, and substantially restructuring existing Divisions and Offices. In addition, the Commission entered one of its most active rulemaking periods, and promulgated or amended regulations that impacted almost all aspects of the capital markets.
Commissioner Aguilar worked to modernize the SEC’s rules to reflect the innovation and changes that had long transformed the capital markets. He was an early advocate for the importance of focusing on cybersecurity issues and led the effort to bring together public and private sector experts as part of the SEC’s first Cybersecurity Roundtable held in March 2014. He is a recognized leader in the nexus of cybersecurity, investor protection, and publicly traded companies. He has earned the CERT Certificate in Cybersecurity Oversight, issued by the Software Engineering Institute of Carnegie Mellon University.
Prior to his appointment to the SEC Commission, Mr. Aguilar was active in both business and law. His law practice involved matters pertaining to general corporate and business law, international transactions, investment companies and investment advisers, securities law, and corporate finance. He also focused on issues related to corporate governance, public and private offerings (IPOs and secondary offerings), mergers and acquisitions, mutual funds, investment advisers, broker-dealers, and other aspects of federal and state securities laws and regulations. Commissioner Aguilar’s previous experience includes serving as the general counsel, head of compliance, executive vice president, and corporate secretary of Invesco, with responsibility for all legal and compliance matters regarding Invesco Institutional. In addition, he was also Invesco’s Managing Director for Latin America in the 1990’s, and president of one of Invesco’s broker-dealers. His career also included tenure as a partner at various prominent national law firms.
Currently Commissioner Aguilar serves on the Boards of Directors of the following companies: Envestnet, Inc. (NYSE: ENV), a leading provider of unified wealth management technology and services to investment advisors; Donnelley Financial Solutions, Inc. (NYSE: DFIN), a financial communications and data services company serving both the investment and capital markets worldwide. He is also on the Board of Advisors of Personal Capital Corporation, an asset management firm using online financial tools to combine transparency into customer finances with personal attention from financial advisors.