Shareholders fault governments appointment of new sec boss

I think there may be some confusion here. Shareholders are not typically responsible for appointing the head of a government agency, such as the Securities and Exchange Commission (SEC) in the United States. The appointment of the SEC Chairman is typically made by the President of the United States and confirmed by the Senate.

In the United States, the SEC is an independent agency responsible for enforcing federal securities laws and regulating the securities industry. The SEC Chairman is appointed by the President and confirmed by the Senate, subject to the advice and consent of the Senate.

Shareholders, on the other hand, are the owners of a company's stock and have a vested interest in the company's financial performance and governance. While shareholders may have some influence over the company's direction and policies through their voting power, they do not have a direct role in appointing government officials, including the head of a regulatory agency like the SEC.

If you're referring to a specific situation or controversy, could you please provide more context or clarify what you mean by "shareholders fault governments appointment of new sec boss"? I'd be happy to try and help you understand the issue better.