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Rating:Mary Jo White Promises To Bring Down The Hammer Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 11, 2013

Mary Jo White Promises To Bring Down The Hammer

News summary by MFWire's editors

Enforcement. That was the key idea for SEC chairwoman-designate Mary Jo White in her testimony in front of the Senate Banking Committee.

She said enforcement of rules would be "bold and unrelenting," under her watch, according to a Reuters report.

"Proceeding aggressively against wrongdoers is not only the right thing to do, but it also will serve to deter the sharp and unlawful practices of others," White said, according to reporter Sarah N. Lynch.

White also said the SEC needs to up its game on issues like high-speed trading.

"There must be a sense of urgency brought to addressing these issues to understand their impact on investors and the quality of our markets so that the appropriate regulatory responses can be made," she said.

For more details, check out the original article here.  

Edited by: Ben Geier


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