SEC Seeking Funds for Trial Attorneys, Increased Enforcement on Wall Street
August 2, 2013
Mary Jo White, chair of the Securities and Exchange Commission, stressed this week that the regulator plans to increase its enforcement activity, including more emphasis on trials. However, she said the SEC needs more appropriations from Congress to accomplish its goals. We cant judge at this point how many additional trials were going to have, but we already dont have enough, White said at a hearing this week by the Senate Committee on Banking, Housing, and Urban Affairs. President Obamas proposed...