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Obama names SEC Commissioner Elisse Walter to replace Schapiro as chairman.
Jan. 1 deadline pushed back as regulators continue to weigh comments on proposed rules.
Commissioner says agency should look at how small investors fare in corporate bond market.
Emails from former SEC commissioner Annette Nazareth show how ex-staffers wield influence.
Gallagher and Paredes critize chairman's handling of discussions on money-fund rules.
Regulator taking more action after post- "flash crash" safeguards prove non-sufficient.