SEC commissioner raises idea of index provider rules SEC commissioner raises idea of index provider rules Bloomberg Hester M. Peirce, a Republican, has served on the SEC since 2018. Her renomination as commissioner was secured Thursday. The recent enforcement action against S&P Dow Jones Indices could lead to regulatory controls on index providers by the Securities and Exchange Commission. The SEC on Monday announced a settlement with S&P Dow Jones Indices and a $9 million fine for charges that it was negligent overseeing a quality control feature of a volatility-related index that failed during a volatile day of trading in February 2018.