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Dear Securities and Exchange Commission Chair Mary Jo White:

Welcome to the SEC. By this point, you may be wondering why you agreed to serve. Trust me: after your first few months in office, it gets worse.

As an alumnus of the agency who served more than two decades in a variety of SEC offices and divisions, I appreciate your willingness to serve. I also hope I can presume to offer you advice. As the new leader of the agency, with a new leadership team, you have an opportunity to take the Commission in a new direction. This is not a criticism of the prior incumbent and her team. A transition in leadership is always a good time to think about goals and lessons learned. This month’s CorpCounsel.com column proposes four ideas for your consideration:

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