“After four years of disappointing many of Wall Street’s toughest critics, President Obama seems to have done something to please them. His decision to nominate former U.S. attorney and NASDAQ director Mary Jo White to lead the SEC is getting some pretty good reviews from those who favor tighter rules for financial firms.
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Dennis Kelleher, president of Better Markets, a nonprofit organization that pushes for tougher regulations, is hopeful that she will get things done.
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