12/28/2012 08:56 am ET Updated Feb 27, 2013

Simon Johnson: I Know Exactly The Man To Turn Around The SEC

The job of head of enforcement at the Securities and Exchange Commission is now open. The Obama administration should press for the appointment of Neil Barofsky, former special inspector general for the Troubled Asset Relief Program, to this position. Unfortunately, the administration has given no indication it will do so, leaving the impression that it is likely to be business as usual for the next four years, with regulators who are less than tough on the industry.

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