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March 12, 2013

The Nominee for the S.E.C. Faces a Senate Hearing

“To the Editor:

“Re “Corraling Mobsters, if Not Many Big Banks” (“Fair Game” column, SundayBusiness, March 10), about Mary Jo White, President Obama’s nominee for chairwoman of the Securities and Exchange Commission:

Gretchen Morgenson suggests that Ms. White’s record in enforcing the federal securities laws was somewhat “mixed.” I strongly disagree.

Although Ms. Morgenson mentions some of the high-profile cases that Ms. White brought against financial institutions — such as Daiwa Bank, Republic Securities and Bankers Trust — she does not discuss Ms. White’s other significant contributions to the enforcement of the federal securities laws.”

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Read full letter to the editor here

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