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Home » Store » News » SEC Chair Nominee Seeks to Be Tough on Wall Street, Implement Credit Rating Rules

SEC Chair Nominee Seeks to Be Tough on Wall Street, Implement Credit Rating Rules

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Mary Jo White, the nominee to chair the Securities and Exchange Commission, said this week that enforcement actions against Wall Street firms and implementation of rules relating to credit ratings will be two of her many priorities if she is confirmed as head of the SEC. Industry analysts suggest that the Senate will easily confirm her nomination. “At the SEC, there’s no institution too big to charge,” White said at a hearing this week by the Senate Committee on Banking, Housing and Urban Affairs. The comment was...
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