With a record of challenging Wall Street, Neil Barofsky says he’d take it “in a heartbeat.” Here’s what he’d do. (Salon)
On Dec. 14, Mary Schapiro will step down from her role as the chairwoman of the Securities and Exchange Commission. Barack Obama will shortly appoint a new leader to take her place, a leader who has a big task in rebuilding the credibility of an agency tasked with protecting the capital markets from fraud and ensuring transparency in the markets. I’ve asked Neil Barofsky, whose name has been floated by Simon Johnson in the New York Times as a possible chairman for the agency, what he would do to reform the Securities and Exchange Commission.