Roberta Karmel, First Female SEC Commissioner, Dies at 86

  • Securities lawyer appointed by President Jimmy Carter in 1977
  • Dissented on enforcement actions she thought went too far
Roberta S. KarmelPhotographer: Bill Johnson/The Denver Post/Getty Images
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Roberta Karmel, the first woman to serve on the US Securities and Exchange Commission and a critic who said the agency too often tried to make policy through enforcement actions, has died. She was 86.

She died on March 23 at her home in Hastings-on-Hudson, New York, the New York Times reported, citing her son, Solomon Karmel. The cause was pancreatic cancer.