Poll results: What is the most pressing issue the new SEC head should address?
By Matthew Wurtzel | December 3, 2012 4:13 pm
Almost 75% of Pensions & Investments readers would like to see new SEC Chairwoman Elisse Walter tackle Dodd-Frank rulemaking as her top priority.
Nearly 13% of poll respondents believe Ms. Walter should tackle money market fund reform, and another 12.75% chose JOBS Act fund solicitation rulemaking.
Current SEC Chairwoman Mary Schapiro plans to leave the SEC on Dec. 14. President Barack Obama has selected Ms. Walter, an SEC commissioner, as Ms. Schapiro's replacement.
While P&I's audience is most interested in Dodd-Frank rulemaking, Ms. Schapiro recently made headlines over money fund reforms, but ultimately failed to win support in August for changes.
Additionally, she allegedly attempted to stymie JOBS Act rulemaking. Ms. Schapiro reportedly was worried about changes in private fund solicitations tarnishing her pro-investor legacy, according to internal SEC e-mails released to Congress.
P&I's latest poll asks about the significance of possible changes in tax incentives for retirement plans.