Caution, Not Crackdown, To Mark New SEC Head's Tenure

Law360, New York (January 24, 2013, 8:58 PM EST) -- Far from being the Wall Street gangbuster many predict, longtime prosecutor Mary Jo White likely will take a measured approach to fighting fraud in her new role as U.S. Securities and Exchange Commission chairman, her former colleagues say.

White, 65, accepted President Barack Obama’s nomination Thursday at a White House media briefing, ending months of speculation over who would fill the agency’s top spot. She will replace SEC Chairman Elisse Walter, who took the helm after Mary Schapiro stepped down from the post last month....
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