Wall Street is bracing for the incoming Biden team to name the industry’s top cop. And so far, the list of candidates for the job of chairing the Securities and Exchange Commission has the industry justifiably worried.
Two at the top of the list — Preet Bharara, the former U.S. Attorney for the Southern District of New York, and Gary Gensler, the former Commodity Futures Trading Commission chief — have built reputations as no-nonsense enforcers against industry wrongdoing.
