Obama picks former US attorney to head SEC; first prosecutor ever to lead the agency

  • Article by: MARCY GORDON and JULIE PACE , Associated Press
  • Updated: January 24, 2013 - 10:43 PM

WASHINGTON - President Barack Obama sent his strongest signal yet Thursday that he wants the government to get tougher with Wall Street, appointing a former prosecutor to head the Securities and Exchange Commission for the first time in the agency's 79-year history.

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