President Bush late last week nominated Kathleen Casey, staff director and chief attorney for the
Casey "has been involved in every major successful piece of financial legislation in the last 10 years," said Travis Larson, a spokesman for the
"Her history as a strong advocate for investors' interests and her vast experience will serve her well at the SEC."
Lisa McGreevy, executive vice president of the
If approved, issues that Casey is likely to grapple with in her early days at the Commission will include the independent chairman rule, using extensible business reporting language (XBRL) to make data in financial reports more accessible for investors, and disclosure of executive compensation.