Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:MarketWatch Columnist Weighs in on White Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 21, 2013

MarketWatch Columnist Weighs in on White

News summary by MFWire's editors

As reported yesterday, it is looking more and more likely that Mary Jo White will be easily confirmed as the new SEC chairwoman.

With that in mind, MarketWatch columnist David Weidner has some choice words for the soon-to-be top market cop.

He starts by noting that it isn't about the nomination process, but what happens after:
But for investors interested in fair and transparent markets, the Senate Banking Committee’s seal of approval doesn’t count for much. What matters is whether White will vigorously enforce the rules.

The number of civil fraud enforcement cases is down at the SEC. It could be the result of Wall Street behaving. But who are we kidding?
He then says that even though White says she'll be tough, its important to see action.
They are the right words. But lawyers, especially the Wall Street variety, have been known to know what to say even if the truth is something else.

There is, however, reason to be optimistic. White easily could have turned down the job, she was making far more at her private firm than she would in government service. She also is smart enough to know that she will be watched closely by the media and investor advocates.
For more details, check out the original article here  

Edited by: Ben Geier


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use