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Recent Reports

July 21 - Dodd-Frank Is Five: And Still Not Allowed Outside the House
July 15 - Financial Services Conflict of Interest Act: Outlining the Need for Increased Revolving-Door and Reverse Revolving-Door Legislation
January 25 - Continued Concerns With HSBC: Giant Bank Has Been Involved in Several Legal Investigations Since Signing Deferred Prosecution Agreement
More - See All Financial Reform Reports

"Efficiency Nut?"

Evaluating the Rulemaking Progress at the Securities and Exchange Commission

June 23, 2014 - The 2013 nomination of Mary Jo White to chair the Securities and Exchange Commission evoked a mixed reaction. Some applauded her nomination because of her background as a former prosecutor who once led the U.S. Attorney’s Office for the Southern District of New York (SDNY). Others worried that her subsequent career as a white collar criminal defense attorney at Debevoise & Plimpton might negate that history of prosecution. Commenters, including former colleagues, agreed on one positive trait: she gets things done efficiently.

At her confirmation hearing, White pledged to “finish in as timely and smart a way as possible” the rule-making mandates. However, Public Citizen's analysis shows that White has now delayed the proposed completion date for SEC completion of final rules in 64 percent of the cases.

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