The Senate yesterday confirmed by voice vote the nomination of Mary Jo White to be SEC chairman. The Senate Banking Committee approved White’s nomination by a 21-1 vote on March 19.
She succeeds Elisse Walter, an SEC commissioner who temporarily moved into the agency’s top post in December after Mary Schapiro stepped down as chairman. White, 65, a partner at the New York-based Debevoise & Plimpton law firm, served from 1993 to 2002 as U.S. attorney for the Southern District of New York.
In that job, she prosecuted white-collar criminals, insider traders, drug traffickers and terrorists, including those involved in the 1993 World Trade Center attack and the 1998 bombings of two U.S. embassies in Africa.