The U.S. Senate has confirmed Mary Jo White’s nomination as the chairman of the Securities and Exchange Commission on April 8, Reuters reports.
White received a strong bipartisan support. "Investors and all market participants need to know that the playing field of our markets is level and that all wrongdoers – individual and institutional, of whatever position or size – will be aggressively and successfully called to account by the SEC," White said.
As the head of the SEC, Mary will implement a scope of measures, introduced by the U.S. Congress after the crisis in 2008. From 1993 to 2002 Mary Jo White was U.S. attorney in Manhattan, and then she worked at Debevoise & Plimpton law firm.
The president Barack Obama suggested 65-year-old Mary White candidacy for the post of the head of the SEC in January 2013 after the predecessor Mary Shapiro stepped off the office in December 2012. White will take the reins from the current SEC’s chief Elisse B. Walter.
