SEC May Have Added Leader But Personnel Problems Persist

Law360, New York (January 25, 2013, 7:50 PM EST) -- Even as it welcomes a new chairman, the U.S. Securities and Exchange Commission is scrambling to name long-term successors for a host of key roles, with the fate of stalled regulations potentially hanging in the balance.

The SEC’s regulatory picture got a bit less cloudy Thursday when President Barack Obama nominated Mary Jo White to replace Elisse Walter as chairman. The move ended rampant speculation about who would become the long-term chief after Mary Schapiro stepped down Dec. 14.

But White’s high-profile nomination failed to resolve...
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