Mary Schapiro
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"Mary L. Schapiro" served as the 29th Chairperson of the U.S. Securities and Exchange Commission (SEC). She was appointed by Presidency of Barack Obama/President Barack Obama, unanimously confirmed by the U.S. Senate, and assumed the Chairwomanship on January 27, 2009. She is the first woman to be the permanent Chair 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.

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There is a lot more detail now around our expectations. This lays out clearly that entertainment should not interfere with duty to the customer.

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The conduct of this analyst, as evidenced by his own e-mails, gifts to the CEO of Tyco, and favors he received from the company amounted to a betrayal of objectivity and honesty in research.

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Brokerage firms and their executives cannot use threats regarding research activities as a way to obtain investment banking business, ... The threat to drop research coverage if Piper were not selected as the lead underwriter for a secondary offering was totally inappropriate and undermines the integrity of the market.

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Some of the pitches are appalling.

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This initiative started with our disciplinary action against First Command Financial Planning. We and our partners want to make sure that that sort of thing never happens again. We believe the Military Financial Education Program will move us a long way toward that end.

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Securities firms that sell variable life insurance products must ensure that they are appropriate for particular investors and that brokers do not mislead their customers about the nature of these products.

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Fee-based accounts can be appropriate for a wide range of customers.

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Oppenheimer's failure to fully and accurately report municipal bond transactions deprived the investing public and market participants of critical information.

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