WASHINGTON Dec 8 The outgoing chair of the U.S.
Securities and Exchange Commission said on Thursday that reforms
made by the agency after the financial crisis are indispensable
to investors and markets and should not be undone.
"Less than a decade ago, this country experienced the worst
financial crisis in recent memory," Mary Jo White told a meeting
of the SEC's investor advisory committee.
"Financial reform was imperative," she said.
President-elect Donald Trump and the Republicans who control
both houses of Congress would like to roll back parts of the
2010 Dodd-Frank Wall Street reform law, which was passed to
prevent a repeat of the crisis.
(Reporting by Lisa Lambert)