Securities and Exchange Commission head to step down in January

Mary Jo White says the agency has brought about “fundamental reforms”; the future direction of US financial regulation is unclear following divergent statements from Trump

SEC's White: criticised by Democratic lawmakers from the party's left

The head of the US Securities and Exchange Commission (SEC) – one of the most important of the country's financial regulators – has announced she will step down in mid-January.

Mary Jo White will step down as chair of the SEC when the Barack Obama administration leaves office, following the inauguration of president-elect Donald Trump on January 20, she said on November 14. White said she was "very proud" of three consecutive years of taking a record number of enforcement actions against US

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