In the Margins

SEC's White delivers harsh message in final speech

January 18, 2017

By Fortune

Securities and Exchange Commission Chair Mary Jo White did not mince words when delivering what was likely her final speech on Tuesday. She had a harsh parting message for Congress and a plea to the incoming administration to ensure the regulator remains independent and insulated from political pressures. White, who will step down Friday at the end of President Obama's administration, lamented the "prescriptive" rule-writing requirements that Congress has imposed on the SEC and said those efforts harm the agency's ability to get things done or exercise discretion on complicated market issues. Read the original story from Fortune.

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...