President Obama nominated former prosecutor Mary Jo White as the next chair of the Securities and Exchange Commission.

White is a former U.S. Attorney for the Southern District of New York who served from 1992 to 2002. She has a reputation as a no-nonsense prosecutor who won convictions against terrorism suspects involved in the 1993 World Trade Center bombing and other high-profile cases such as reputed mobster John Gotti (see Former U.S. Attorney Mary Jo White May Be Next SEC Chair).

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