Obama to Announce Elisse Walter New Head Of The SEC

CBS is reporting that President Obama is expected to name SEC Commissioner Elisse Walter the new head of the SEC.

Walter is a Bush appointee who served as acting Commissioner right before Schapiro was appointed in 2009. Like Schapiro, she has worked for the CFTC and FINRA before — so another D.C. insider here.

Walter is a graduate of Yale University with a B.A. in math and also holds a J.D. from Harvard.

Read more at http://www.cbsnews.com/8301-505123_162-57554187/schapiro-stepping-down-after-leading-sec-in-crisis/