The Clinton Foundation's statement includes the following:
As soon as Senator Clinton was nominated to be Secretary of State, the Foundation staff began working with President-elect Obama's transition team to ensure that not even the appearance of a conflict of interest existed between the Clinton Foundation's operations and Senator Clinton's anticipated service as Secretary of State. President Clinton's efforts are unprecedented and go above and beyond what the law requires and are intended to allow the important work of the Foundation to continue.
The memorandum of understanding worked out between the Clinton and Obama teams include a prohibition on fundraising by Clinton himself.
