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SEC Chair Mary Jo White made decision to leave before election

Securities and Exchange Commission Chair Mary Jo White decided to leave the SEC before her term officially expires in 2019 and before a successor could be appointed by the Trump administration.

By Nick Thornton | Updated on November 16, 2016
During SEC Chair White's tenure, the Commission brought more than 2,850 enforcement actions, more than any other three-year period in SEC’s history. (Photo: AP)

Outgoing Securities and Exchange Commission Chair Mary Jo White made her decision to leave the agency before the Presidential election, according to testimony she gave in a final appearance before the House Financial Services Committee.

Chair White announced she was stepping down this week, effective at the end of President Obama’s term. Her term was not scheduled to officially expire until 2019.

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Nick Thornton

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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