Former prosecutor Mary Jo White's nomination to head the SEC was meant to signal that the agency would be getting tough on Wall Street. But she has spent the last decade vigorously defending some of the biggest banks, The New York Times reports.
Former prosecutor Mary Jo White's nomination to head the SEC was meant to signal that the agency would be getting tough on Wall Street. But she has spent the last decade vigorously defending some of the biggest banks, The New York Times reports.
President Obama nominated Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform.