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Friday, January 25, 2013

President to Nominate White as SEC Chairman

President Obama has announced that he will nominate former federal prosecutor Mary Jo White as chairman of the SEC.

White, 65, a partner at the New York-based Debevoise & Plimpton law firm, served from 1993 to 2002 as U.S. attorney for the Southern District of New York.

If confirmed, White would succeed Elisse Walter, an SEC commissioner who temporarily moved into the agency’s top post last month after Mary Schapiro stepped down as chairman.

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