President Barack Obama yesterday nominated Mary Jo White, a former Southern District U.S. Attorney and now a partner at Debevoise & Plimpton as the next chair of the Securities and Exchange Commission.

White, 65, a white-collar defense lawyer, has been at Debevoise since 2002. Her nomination to lead the Securities & Exchange Commission brought high praise from practitioners who said she would bring a balanced and fair approach to the job based on her prosecutorial and defense experience, a background that brought incredible visibility to Debevoise & Plimpton’s litigation department.

Mary Jo White, a partner at Debevoise & Plimpton and a former U.S. attorney, speaks at the White House yesterday after President Barack Obama announced he had chosen her as the next chair of the U.S. Securities and Exchange Commission.
NEWSCOM/Larry Downing