In order to restore trust in the financial markets and prevent future occurrences of the kind of financial crisis recently experienced by the nation, the SEC needs to be directed by an effective regulator committed to enforcing the law. During his time as SIGTARP, Neil Barofsky demonstrated the determination and integrity needed for the job. His experience and knowledge of the industry is significant. Nominating Barofsky would send a clear and unambiguous signal that the Administration considered effective regulatory enforcement as a key component of reform of the finance industry.
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