At a press conference earlier today, President Elect Barack Obama named Mary L. Schapiro, currently Chief Executive Officer of the Financial Industry Regulatory Authority (FINRA), as his pick for chair of the U.S. Securities and Exchange Commission. Her appointment is still subject to Senate confirmation. Schapiro's prior experience includes serving as an SEC commissioner, as well as serving as chair of the Commodity Futures Trading Commission. Links to further info can be found below.
UPDATE: The
text of Obama's remarks at the press conference was posted on the Transition website this afternoon,
Schapiro's remarks have also been posted, and here is the
CNBC video of the press conference.
(photo courtesy FINRA)
Mary L. Schapiro, Biography posted on FINRA
http://www.finra.org/AboutFINRA/Leadership/p009733Related Materials Posted by SEC Historical Society:
November 2, 2005 oral histories interview:
www.sechistorical.org/museum/oralhistories/interviews/schapiro.phpOctober 20, 2005 Enforcement Remedies program, in which she was a panelist: www.sechistorical.org/museum/programs/programs2005.php
Photos in www.sechistorical.org/museum/photos/photos2000.php