Representative Brad Sherman Serves as Ranking Member of House Financial Services Subcommittee on Capital Markets
Representative Brad Sherman, a Democrat representing California's 32nd congressional district, currently holds the position of Ranking Member on the House Financial Services Subcommittee on Capital Markets. This subcommittee is responsible for overseeing various aspects of the financial industry, including securities, retirement savings plans, exchanges, and capital market activities such as securitization and business capital formation. Its jurisdiction also extends to investment companies, investment advisers, and advisers to private funds. Furthermore, the subcommittee addresses activities related to accounting and auditing, as well as futures, forwards, options, and other derivative instruments. Key regulatory bodies under its purview include the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, the Municipal Securities Rulemaking Board, the Public Company Accounting Oversight Board, and the Securities Investor Protection Corporation. The subcommittee also oversees sel... 
