Abbott Appoints New State Securities Board Members
Governor Greg Abbott has named Glenn MacTaggart and Paula Ann Miller to oversee securities regulation in Texas.
Updated on Oct. 28, 2026 in People
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Governor Greg Abbott announced the appointments of Glenn MacTaggart and Paula Ann Miller to the State Securities Board on October 27, 2026. The board is responsible for registering securities sold in Texas and overseeing investment professionals.
Why it matters
The State Securities Board plays a critical role in maintaining investor protection by regulating the firms and individuals who offer financial products or investment advice across the state.
The new members will serve terms expiring on January 20, 2031. Glenn MacTaggart, a San Antonio-based attorney who previously served 30 years in the Army Reserve, will chair the board.
The players
Greg Abbott
He is the Governor of Texas who serves as the chief executive of the state government.
Glenn MacTaggart
An attorney at Prichard Oliver Montpas LLP who has been appointed to serve as the chair of the State Securities Board.
Paula Ann Miller
She is the owner of P.A. Miller Consulting and a board director for Schweizer who joins the State Securities Board.
State Securities Board
The state agency tasked with regulating securities, investment firms, and investment advisors operating within Texas.
The details
Glenn MacTaggart is an attorney at Prichard Oliver Montpas LLP, while Paula Ann Miller, based in The Woodlands, owns P.A. Miller Consulting and serves as a board director of Schweizer. Their combined professional experience will support the board's mission to regulate securities offerings within Texas.
Timeline
October 27, 2026: Governor Abbott announced the appointments.
January 20, 2031: The terms for both MacTaggart and Miller expire.
Market Landscape
These appointments ensure the continuity of regulatory oversight under the Texas Securities Act. The board's composition remains a vital component of the state's financial governance strategy to ensure fair market participation.
Texas investors can expect continued oversight of financial advisors and securities products as these new members begin their terms. The board's work directly impacts the transparency and security of investment options available to residents.
The takeaway
Maintaining a fully staffed board is essential for the effective regulation of state financial markets. Residents should stay informed about how changes in board leadership may influence state-level financial consumer protections.
Further reading
Learn more about local appointments and government shifts on the Texas People page.
Source note: This article includes information reported by The Eagle.
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