Moreover, even though it was mandated by the Dodd-Frank financial reform act, the SEC has yet to establish an investor advocate office, despite the fact, as Aguilar notes, some 84% of Americans surveyed want government to get involved in better investor protection.

FORBES: Let's Sue Wall Street: SEC's Aguilar

He is proud of his plans to establish the statistical office as an independent agency, as a way of regaining lost credibility.

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Section 105(a) of the Implementation Act authorizes the President to establish or designate within the Department of Commerce an office that shall be responsible for providing administrative assistance to panels established under chapter 20 of the Agreement.

WHITEHOUSE: The White House