1/24/2013 — 

WASHINGTON, DC – Today, after President Barack Obama announced his decision to nominate former U.S. Attorney Mary Jo White to lead the U.S. Securities and Exchange Commission (SEC), U.S. Senator Jack Reed (D-RI), who chairs the Banking Subcommittee on Securities, Insurance, and Investment, which oversees the SEC, issued the following statement:

“This is a critical time for our economy and the SEC and Mary Jo White is a strong pick to lead the agency.  She is an experienced prosecutor who can vigorously enforce the law.  I look forward to having a discussion with Ms. White about her vision for implementing Dodd-Frank, regulating computerized trading, and strengthening accountability, transparency, and investor protections on Wall Street.  If confirmed, Ms. White will be the second full-time female chairman in the SEC’s history.”