WALL STREET: Tough Act to Follow

As the newly appointed chairman of the Securities and Exchange Commission, G. Bradford Cook would seem to be in an uncomfortable spotlight. At 35, he is the youngest man ever to head the agency, he is almost unknown among the Wall Streeters he will regulate—and he has one of the toughest acts in Washington to follow. In a whirlwind 22 months in office, his predecessor, William J. Casey, began more far-reaching reforms of the securities industry than at almost any time in the SEC's 38-year history. To mention only two, brokers who had...

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