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Mary Jo White gets Obama nod for SEC chair

President Barack Obama nominates former U.S. attorney Mary Jo White to head the SEC. What could it mean for fiduciary duty and the SRO issue? IN's Mark Schoeff Jr. has the answers.

As a U.S. attorney, Mary Jo White has stared down terrorists and organized-crime bosses. But she might be turning her sights toward investment advice standards and other issues affecting advisers if she takes over as head of the Securities and Exchange Commission.
The U.S. attorney for the Southern

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