How Mary Jo White’s Connections Could Complicate Her S.E.C. Job – DealBook

As the S.E.C. chairwoman, Ms. White would have a hand in every decision of importance. But the conflict-of-interest rules could force Ms. White to recuse herself from some matters. If that happens, it could raise the prospect of a 2-2 split along party lines among the other commissioners. Currently, it’s a highly polarized group, so her recusal could effectively freeze the S.E.C. from moving on an issue.

via How Mary Jo White’s Connections Could Complicate Her S.E.C. Job – DealBook