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During her confirmation hearing, White pledged to avoid potential conflicts of interest from that work. She also promised in writing to step aside as SEC chairman from any decision affecting a former client for one year after she represented them. That's in line with federal ethics guidelines for agency officials. The same pledge has been made by a number of SEC chairmen, many of whom were formerly private securities lawyers. The SEC chairman and commissioners must vote to approve enforcement actions against specific companies or individuals as well as new rules that apply generally. "The American public will be my client, and I will work as zealously as possible on behalf of them," White told the Senate Banking Committee. In addition, White has pledged to abstain from all decisions before the SEC brought by the law firm of her husband, John White, who is a corporate attorney and a former high-ranking SEC official.
[Associated
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