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White Tells Senators She’d Be Investor Advocate as SEC Chief

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Mary Jo White, President Barack Obama’s choice to run the U.S. Securities and Exchange Commission, told lawmakers that her work for Wall Street firms won’t affect her ability to be a zealous advocate for investors.

The scope of any conflicts of interest is “quite narrow” and would mostly affect SEC enforcement cases, White, 65, said today at a Senate Banking Committee hearing on her nomination. Her participation in writing regulations will be unaffected by her previous representation of clients such as JPMorgan Chase & Co., Morgan Stanley, and UBS AG as a defense lawyer.