|FILE - In this Oct. 8, 2002 file photo, Mary Jo White, former U.S. Attorney for the Southern District of New York, appears on Capitol Hill in Washington. A White House official says President Barack Obama on Thursday will nominate White as chair of the Securities and Exchange Commission (SEC). (AP Photo/Dennis Cook, File)|
Top white-collar crime prosecutor to lead SEC
White also represented the largest U.S. hospital chain, HCA, in the insider-trading investigations by the SEC and the Justice Department of former Senate Majority Leader Bill Frist, R-Tenn., whose family owned HCA. The investigations were closed in 2007 with no charges filed against Frist.
Associated Press writers Marcy Gordon in Washington and Larry Neumeister in New York contributed to this report.