WASHINGTON - Troy Paredes, a securities law professor at Washington University in St. Louis, was sworn in Friday as a member of the Securities and Exchange Commission.

Paredes, a Republican whose academic research revolved around executive compensation, hedge funds, the allocation of control within firms, as well as the impact of psychology on corporate decision making and investor behavior, replaced Paul Atkins and will serve a five-year term that expires June 5, 2013.

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