Got to love Mary Jo White, the Chairwoman of the SEC. While Michael Lewis’s book Flash Boys was getting all the headlines and was the topic of some of the best television on CNBC, ever, Ms White used the firestorm to ask for more money for the SEC.
Shocking ? The only shock would be if she didn’t use any occasion the SEC was in the public eye to ask for more money. It is unfortunate because there is no greater waste of money than what the SEC spends trying to enforce insider trading laws.
