Former Securities and Exchange Commission Chairman William H. Donaldson exited office on June 30, but the controversy he created is still a looming issue.

The 74-year-old Wall Street veteran pushed through a controversial rule regarding independent chairman on mutual fund company boards, but the U.S. Chamber of Commerce says it will return to court on charges that the SEC acted too hastily. Despite the fight that lingers, Donaldson recently expressed confidence over the success of his tenure.

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