But the field ought not to be restricted to these candidates. It is surprising, for example, that none of the would-be chairmen hails from the investment community. Given the SEC’s role, and its recent struggles, wouldn’t it make sense to turn a poacher into a gamekeeper? To ask a senior fund manager to do his or her bit for the country?
Many would balk at having to take a pay cut, but it wouldn’t hurt the White House to explore a pool of professionals who know markets, have experience of politics and lobbying, and would be seen as having fewer conflicts of interest than former bankers and lawyers.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn