The Securities and Exchange Commission's new leader, Mary Jo White, will bring her years of experience as a federal litigator before the fund industry this week as its members try to judge whether she will propose reforms that could cripple the marketplace.

White is scheduled to appear on the last day of Investment Company Institute's General Membership Meeting, which begins May 1. At 8 a.m. Friday, the SEC chair will deliver her first speech to fund managers, who are waiting to see if she will follow in her predecessor's footsteps and push for hardnosed reforms of the $2.7 trillion money market mutual fund industry.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access