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Regulation and Compliance > Federal Regulation > SEC

First 3 tasks for Mary Jo White at the SEC

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When President Obama nominated attorney Mary Jo White as the next head of the SEC, it looked like a great pick. White comes with excellent qualifications and is known as a tireless worker with a bulletproof reputation. Assuming she is approved, which looks likely, White still has a daunting task ahead of her. The public does not trust the SEC to do its primary job of policing the markets or prosecuting financial services executives who commit fraud. To battle perceptions of the SEC as politicized and inefficient, White needs to tackle a few important problems, including resolving the regulatory impasse over money market funds, setting a high standard for fraud cases, and taking Congress to task for blocking necessary financial services regulation reforms.