True or False: The SEC commissioners change frequently.

The statement that SEC commissioners change frequently is false. The Securities and Exchange Commission (SEC) is comprised of five commissioners who are appointed by the President of the United States and confirmed by the Senate. Their terms last for five years, and while it is possible for there to be changes due to new appointments, resignations, or other circumstances, the structure is designed to create some continuity.

Moreover, SEC commissioners do not change every year, nor do they remain static without any potential changes. The possibility of changes in commissioners does exist, but it is not a rapid or regular occurrence and depends on various political factors, including the presidential administration and Senate dynamics. This durability in the commission's membership is important for maintaining a consistent regulatory environment in the financial markets.