SEC Head White Warns Of Tougher Enforcement

Law360, New York (September 26, 2013, 12:51 PM EDT) -- U.S. Securities and Exchange Commission Chairman Mary Jo White on Thursday delivered a speech defending the agency’s much-maligned enforcement record after the financial crisis and vowing to seek tougher penalties against individuals and companies that commit fraud.

Speaking at a conference for institutional investors in Chicago, White called the SEC’s performance after the 2008 meltdown “particularly impressive.” The agency has been heavily criticized for a lack of enforcement actions against high-level Wall Street executives. It has also struggled to win trials stemming from the crisis, though...
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