New climate envoy John Kerry sold off energy holdings to avoid conflict of interest, disclosures show

ABC News

"Conflicts arise when someone acts in a way that affects their financial interest; divesting removes the financial interest part of the equation," said Delaney Marsco, senior legal counsel of ethics at the Washington-based good government group Campaign Legal CenterMarsco said it's not unusual for concerns to arise when a public servant has complex financial holdings. "He should also be mindful of all the ethics rules that may apply to any former client he may have from his previous work," Marsco said.

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