President Barack Obama will nominate Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform. [Associated Press]

THIS NOMINATION puts former U.S. attorney in Manhattan, the first woman to hold the spot, who has a reputation for tough prosecution of fraud cases up to lead the Security and Exchange Commission.

If confirmed, Ms. White brings with her the anticipation of more enforcement during her tenure.