Warren Disappointed With S.E.C. Chief

In a letter Senator Warren says she is disappointed with S.E.C. chief.  Well duhhhhh. The S.E.C. is an agency regulated by the regulatees.  Mary Jo White, the current Chairman of the S.E.C., went through the revolving door of government and law firms specializing in finance so many times that she has to recuse herself from practically every judicial action the agency enters into. From an investors point of view its a worthless agency full of lawyers who have no understanding of worthwhile investment activity. If you don't believe me then ask Harry Markopolos who painstakingly described the impossibility of Bernie Madoff to the SEC without result.