Mary Jo White Commits to “Unrelenting Enforcement”

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Mary Jo White’s roots as a federal prosecutor were evident in her prepared remarks in March before the Senate Banking Committee. If confirmed, she promised to create a “bold and unrelenting” enforcement program at the SEC.

“Investors and all market participants need to know that the playing field of our markets is level and that all wrongdoers -individual and institutional … will be aggressively pursued by the SEC,” White stated. “Proceeding aggressively against wrongdoers is not only the right thing to do, but it also will serve to deter the sharp and unlawful practices of others,” she added.

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Published In: Business Organization Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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