Please note that we have corrected a paragraph in our blog post from earlier today, SEC's Cox Resigns; Emanuel Issues Memo on Review of Pending Reg's. The corrected paragraph now states:
CORRECTION: 3pm Pending Schapiro's confirmation, an acting chair from among the existing Commissioners could be designated by President Obama. NOTE: This corrects and replaces the earlier paragraph we had discussing the potential appointment of an acting chair, in which we had incorrectly stated, based on our reading of a paragraph in the Bloomberg article, that the senior commissioner could 'ascend to acting chair' or one could be appointed by the President.
Additionally, we have updated the post to note that the White House Memo issued yesterday regarding pending regulations was posted earlier today as a link on the Washington Post website.
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