When Mary Schapiro announced in November that she was planning to step down as chairman of the Securities and Exchange Commission, many pundits expected that her replacement would offer an even greater focus on enforcement.
President Barack Obama’s nomination this afternoon of Mary Jo White, a former prosecutor and U.S. Attorney in Manhattan, validates those predictions. Once confirmed by the Senate, White will take charge of the Commission from Interim Chairman Elisse Walter.
via Nominated to Head SEC, White Expected to Bring Focus on Enforcement – Compliance Week
