Awarded to Luis A. Aguilar

About the Frankel Fiduciary Prize

The Institute for the Fiduciary Standard established the Frankel Fiduciary Prize to honor individuals who advance fiduciary principles. The Frankel Fiduciary Prize will be awarded annually to a person who has made significant contributions to the preservation and advancement of fiduciary principles in public life. The prize is named after Professor Tamar Frankel of the Boston University School of Law.  You can learn more about Professor Frankel’s research on fiduciary law here.

The announcement of Former SEC Commissioner Luis A. Aguilar as the 2021 Prize Recipient occurred on September 30, 2021, viewable here.

Luis A. Aguilar was the SEC Commissioner from July 2008 to December 2015. Additionally, prior to his time as SEC Commissioner Aguilar was a Partner at McKenna Long & Aldridge focusing on issues related to investment advisors, broker-dealers and aspects of federal and state securities laws.

In 2015 the Institute wrote the following about Commissioners Luis Aguilar and Daniel Gallagher;

SEC Commissioners Luis Aguilar and Daniel Gallagher have announced they will leave the SEC when their replacements are selected. Commissioner Aguilar has served seven years and Commissioner Gallagher almost four. The Commissioners depart at a time – in the midst of recent statements of SEC Chair White on the status of rulemaking at the SEC and the DOL proceeding with the Conflict of Interest Rule — of unprecedented focus on fiduciary duties. This focus reveals sharply different visions. The commissioners’ departure is an appropriate time to assess their views.