FILE - In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase reported a 55 percent jump in earnings for the last three months of 2012 as mortgage fees and other income surged. (AP Photo/Mark Lennihan, File)
News Summary: White pledges strong SEC enforcement
Published: 07:48:22 PM, Tue 12 March 2013 UTC
STRONG ENFORCEMENT: Mary Jo White on Tuesday promised senators she would make "bold and unrelenting" enforcement of Wall Street a high priority if confirmed chairman of the Securities and Exchange Commission.
FORMER PROSECUTOR: White, a former U.S. attorney in Manhattan, would be the first ex-prosecutor to become SEC chairman. She is expected to win confirmation.
POTENTIAL CONFLICTS: During the Senate hearing, White was pressed about her work in recent years as a corporate litigator. She has represented some of the largest banks and corporations, including JPMorgan Chase, Microsoft and General Electric. She pledged to avoid conflicts of interest if confirmed to the job.
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