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

SEC facing deadlock after chief Mary Schapiro quits

WASHINGTON — Mary L. Schapiro's departure as head of the Securities and Exchange Commission will leave the agency — at least temporarily — deadlocked as it continues to try to enact tough reforms on Wall Street. Schapiro, 57, said Monday that she ...
Posted: November 27, 2012, 4:43 am

CANDIDATES line up for AG spot — MENDOZA confronts ‘QUARTERS’ Boyle — 15 PERCENT of LAWMAKERS to EXIT

Other names: Andrew Schapiro, a buddy of Barack Obama’s who recently served ... few women ready to take her place,” by Chicago Tribune’s Mary Schmich: “What’s she going to do now? No sooner had Lisa Madigan announced that she wasn't running ...
Posted: September 18, 2017, 4:12 am

White House Nominates Columbia Law School Professor to Fill Commission’s Final Vacancy

The agency began working on a proposal while Mary Schapiro headed the SEC under Obama. Shortly after Mary Jo White took over the agency in 2013, the issue was quietly dropped from the regulatory agenda. White, who stepped down in January, said on several ...
Posted: September 6, 2017, 5:01 am

Mary Schapiro's SEC Legacy: Not A Total Failure

Mary Schapiro's legacy as head of the Securities and Exchange Commission will be that the agency did not become entirely useless on her watch -- although that is maybe the best you can say about it. After a tenure of nearly four years, Schapiro is stepping ...
Posted: November 26, 2012, 5:33 am

SEC And FINRA: “Accountability Is Impossible Without Transparency”

But Mary, what about the fact that “accountability is impossible without transparency”? Cheap political pandering, perhaps? You think!! What about the following statement as well? Schapiro’s position on the exemption is in contrast to remarks she ...
Posted: June 17, 2011, 12:46 am
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