Despite recent events that may have eased some doubts, the public as a whole still has a great deal of mistrust in Wall Street, according to the chairman of the Securities and Exchange Commission.

"People are angry, still angry. They feel the perpetrators have not been disciplined yet. They want their money back in some form, and more importantly, they want justice," SEC Chairman William Donaldson told the Associated Press in an interview.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.