Obama sends strong signal, selects ex-prosecutor to head SEC

Mary Jo White, former U.S. attorney in Manhattan, was named by President Barack Obama to head the Securities and Exchange Commission.

 
By MARCY GORDON and JULIE PACE | Published: January 25, 2013   

WASHINGTON — President Barack Obama sent his strongest signal yet Thursday that he wants the government to get tougher with Wall Street, appointing a former prosecutor to head the Securities and Exchange Commission for the first time in its 79-year history.

Mary Jo White, former U.S. attorney in Manhattan, has an extensive record of prosecuting white-collar crime, won convictions in the 1993 World Trade Center bombing and the 1998 terrorist attacks...
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