Saturday, 20 December 2014
Last updated 1 day ago
Apr 9 2013 | 9:28am ET
The U.S. Senate yesterday unanimously confirmed former federal prosecutor Mary Jo White as chairman of the Securities and Exchange Commission.
White was approved to serve out the remainder of Mary Schapiro's term, which expires in 2014. Schapiro left the SEC in December and was replaced, on an interim basis, by Elisse Walter.
White spent nearly a decade leading the U.S. Attorney's Office in Manhattan. Sine then, she's worked at law firm Debevoise & Plimpton.
White was expected to start work today and could make her public debut tomorrow during an SEC hearing. While her appointment appears designed to indicate the Barack Obama administration's plans to get tough on white-collar crime, White isn't expected to speed up the rule-making process, which is still working to implement a number of new regulations mandated by the Dodd-Frank law and last year's JOBS Act.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.