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Obama nominates Mary Jo White for SEC Chairman

First Published 25th January 2013

Former federal prosecutor Mary Jo White to replace Elisse Walter as SEC Chairman if approved

Mary Jo White

Washington, DC - President Barack Obama has nominated former federal prosecutor Mary Jo White to lead the Securities and Exchange Commission.

If approved, White will replace Elisse Walter who took over when Mary Schapiro resigned as the agency's leader in December.

Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy of SIFMA said: "Mary Jo White's knowledge of the securities markets, and prior commitment to public service and investor protection, make her a solid choice to serve as chairman of the SEC. We look forward to working with her to continue the Commission's important progress on responsible implementation of the Dodd-Frank Act and other regulatory initiatives that drive public trust and confidence in our financial markets."