Securities industry political action committees and workers gave the new SEC oversight subcommittee leader $117,000 for his past campaign, roughly about 8 percent of the money he raised, according to the Center for Responsive Politics.

PACs for LPL Financial, the National Association of Insurance & Financial Advisors and the Investment Company Institute each contributed $10,000.

Rock Holdings, the parent company of online lender Quicken Loans was his largest single source of campaign contributions with $20,000: $10,000 each from a PAC and individuals.

Huizenga replaces New Jersey Republican Scott Garrett at the helm of the Capital Markets Subcommittee.

Garrett lost a bid for re-election in November. The defeat of the outspoken conservative was blamed heavily on his anti-gay remarks.

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