Mary Schapiro Net Worth is
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Office: Chairperson of the U.S. Securities and Exchange Commission
President: Barack Obama
Term Start: January 27, 2009
Term End:
Predecessor: Christopher Cox
Successor: Elisse B. Walter (Designate)
President 1: Bill Clinton
Term Start 1: May 7, 1993
Term End 1: July 27, 1993, Acting
Predecessor 1: Richard C. Breeden
Successor 1: Arthur Levitt
Office 2: Chairperson of the Commodity Futures Trading Commission
President 2: Bill Clinton
Term Start 2: October 13, 1994
Term End 2: January 26, 1996
Predecessor 2: Barbara Holum (Acting)
Successor 2: John Tull (Acting)
Birth Date: 1955/6/19
Birth Place: New York City, New York, United States
Party: Democratic Party (United States)
Alma Mater: Franklin and Marshall College, George Washington University Law School
Mary L. Schapiro (born June 19, 1955) is the 29th Chairman of the U.S. Securities and Exchange Commission (SEC). She was appointed by President Barack Obama, and assumed the Chairmanship on January 27, 2009. She is the first woman to be the permanent Chairman of the SEC. In 2009, Forbes ranked her the 56th most powerful woman in the world.
Schapiro served in various roles as a financial services regulator in the administrations of Ronald Reagan, George H. W. Bush, and Bill Clinton. From 2006 to early 2009, she was the Chairman and CEO of the Financial Industry Regulatory Authority (FINRA), the securities industry's self-regulatory organization for broker-dealers and exchanges in the United States.
Schapiro was born in New York City to a Jewish family. She graduated from Franklin & Marshall College in 1977. In 1980 she earned a Juris Doctor (J.D.) degree from George Washington University Law School.
Schapiro was appointed in 1988 by President Ronald Reagan to fill one of two Democratic seats on the SEC. President George H. W. Bush reappointed her to this position in 1989. President Bill Clinton appointed Schapiro acting Chairman of the SEC, and then appointed her Chairman of the Commodity Futures Trading Commission in 1994.
In 1996 Schapiro joined the National Association of Securities Dealers (NASD) (now the Financial Industry Regulatory Authority) as the president of NASD Regulation. In 2002 she became the Vice Chairman of the NASD.
In 2005 Schapiro oversaw a wide-reaching probe into gift-giving and entertaining on Wall Street, uncovering several instances of lavish and excessive activities, which led to many charges.
In 2006 she became NASD's Chairman and CEO. In that position, she oversaw NASD's consolidation with NYSE Member Regulation to form the Financial Industry Regulatory Authority.
In January 2008, President George W. Bush appointed Schapiro to the 19-member council of the President's Advisory Council on Financial Literacy. In 2008, Sc

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Mary Schapiro Latest News

Why U.S. Money Market Funds Can't Have It Both Ways

SEC chairman Mary Schapiro wantsto require capital buffers and to limit customer withdrawals. Photo by Alex Wong/Getty Images U.S. money market funds can’t have it both ways. Lobbyists are trying to stifle reforms in the $2.7 trillion money market ...
Posted: August 20, 2012, 2:30 pm

The Lobbying Firm That Hired Mary Schapiro Is Revolutionizing The Industry

This news is sure to upset those who already decry the revolving door between Washington and Wall Street — not just because Schapiro (given her resume) is a great get for any industry group, but because in the last few years Promontory has come to be ...
Posted: April 2, 2013, 3:24 pm

SEC head Mary Schapiro took in $9 million while at FINRA

Head of the Securities and Exchange Commission Mary Schapiro made quite a good living for herself while heading FINRA, the Financial Industry Regulatory Authority which is supported by dues from the industry, making a total of $9 million in 2008, the very ...
Posted: May 5, 2018, 5:00 pm
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