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Mary Jo White

SEC Chairwoman Mary Jo White, is  interviewed by CQ Roll Call in her Washington office, August 10, 2016.
SEC Chairwoman Mary Jo White, is interviewed by CQ Roll Call in her Washington office, August 10, 2016. Photo: Tom Williams/CQ Roll Call (Getty Images)

Mary Jo White, former SEC chair during the Obama administration, was hired by Ripple to defend against the SEC’s scrutiny of the company, according to Fortune magazine. The SEC is suing Ripple for selling unlicensed securities, something White calls “dead wrong.”