1. Short title This Act may be cited as the SEC Stabilization Act of 2023 . 2. Organization of the Securities and Exchange Commission (a) Composition of the Commission (1) In general Section 4(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78d(a) ) is amended— (A) by striking five commissioners and inserting 6 commissioners ; (B) by striking term of five years and inserting term of 6 years ; (C) by striking except (1) and inserting except that