A Conversation with Bill Donaldson

Says the SEC chairman: We're at a pivotal point in the reestablishment of faith in the business and financial communities

Since becoming chairman of the Securities & Exchange Commission on Feb. 18, William H. Donaldson, 72, has been a busy man: He found a high-profile chairman, William McDonough, for the Public Company Accounting Oversight Board, oversaw the $1.4 billion settlement of conflict-of-interest charges against 10 Wall Street firms, and began a review of hedge-fund operations.

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