Dr. JAMES ANGEL (Associate Professor of Finance, Georgetown University): I have enormous respect for Mary Schapiro.
Schapiro, 53, might have the distinction of being the country's highest-paid financial regulator in 2008.
Mary Schapiro is leaving the Securities and Exchange Commission with a long list of unfinished business.
FORBES: After Schapiro, SEC Still Needs Swift Kick in the Pants
She would replace Elisse Walter, who has been interim chairman since Mary Schapiro resigned in December.
"I understand why very few in the industry support changing the current structure, " Ms. Schapiro said.
Ms. Schapiro didn't vote because of stock she owns in natural-gas company Spectra Energy Corp.
Elisse Walter, the SEC's chairman since Ms. Schapiro left, also is a former Finra executive.
Mary Schapiro did not bring good things to life as head of the Securities and Exchange Commission.
Therefore, it was appropriate that SEC chairman Mary Schapiro kicked off the morning session on Tuesday.
"It is my hope to rapidly expand the program to thousands of additional publicly traded companies, " Schapiro says.
" Securities and Exchange Commission Chairman Mary Schapiro warned that the "on-ramp" would "eliminate important protections for investors.
Mary Schapiro, the new head of the SEC, wants further disclosures of compensation levels and rationales to spark a palace revolution.
"We know that the practice of short-selling evokes strong opinions from both its supporters and detractors, " Schapiro said.
Mary Schapiro, the SEC's chairman, did say she would closely review and weigh adding additional requirements for traders.
James Angel, associate professor of finance at Georgetown University, notes that Schapiro has held key posts in both agencies.
Schapiro admitted the agency is heavily lawyered, but said that is necessary since it is a law enforcement agency.
Three out of five of Ms. Schapiro's fellow commissioners have expressed reluctance to support additional reforms for money-market funds.
And, to boot, someone practically joined at the hip with her predecessor, (Schapiro).
FORBES: After Schapiro, SEC Still Needs Swift Kick in the Pants
Under Schapiro, the SEC brought civil charges with record penalties against Goldman Sachs, JPMorgan Chase and Citigroup, among others.
We have Mary Schapiro at the helm of FINRA. About 13% of the U.S. population is described as African-American.
FORBES: SEC Commissioner Aguilar Calls for More Boardroom Diversity
President Obama appointed Ms. Schapiro after the SEC missed most of the frauds leading up to the 2008 financial crisis.
Barbara Roper of the Consumer Federation of America says Schapiro will have the enormous challenge of restoring the commission's credibility.
"In my case, there's no revolving door, " the 57-year-old Ms. Schapiro said in an interview with The Wall Street Journal.
From her perspective, Schapiro seems to have concluded that money market funds remain vulnerable to investor psychology that prompts redemption runs.
Condon also said that Schapiro's board chairmanship was noted in a number of press releases and postings on FINRA Web sites.
As NPR's Jim Zarroli reports, there were questions today about whether Schapiro is the right person to restore the agency's credibility.
Schapiro talked about a number of issues, but one she stressed strongly was the need for high quality international accounting standards.
Ms Schapiro notes that, unlike in the Facebook case, IPOs are typically followed by an immediate surge in the share price.
White would take over at the SEC from Elisse Walter, who has been interim chairwoman since Mary Schapiro resigned in December.
Throughout Tuesday, SEC Chairman Mary Schapiro participated in calls with NYSE officials about the exchange operator's ability to resume trading Wednesday.
应用推荐