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House Financial Services Committee considers financial market reform in Washington
Mary Shapiro, chairman of the Securities and Exchange Commission (SEC) testifies before the House Financial Services Committee about reforming regulations on financial markets on Capitol Hill in Washington on July 22, 2009. (UPI Photo/Roger L. Wollenberg)
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Mary L. Schapiro, J.D. (born 1955) is the 29th chairperson of the U.S. Securities and Exchange Commission (SEC). She was designated as the intended nominee by then-President-elect Barack Obama on December 18, 2008, and formally nominated upon Obama's inauguration into office on January 20, 2009. She was confirmed by voice vote in the Senate on January 26, 2009. She is the immediate past chairperson and CEO of the Financial Industry Regulatory Authority, the securities industry self-regulatory organization for broker-dealers and exchanges in the United States, and served in various roles as a financial services regulator in the administrations of Bill Clinton, George H. W. Bush, and Ronald Reagan. She is the first woman to chair the SEC.

Schapiro was born in New York City. 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 as acting chairperson of the SEC, and then appointed her chairperson of the Commodity Futures Trading Commission in 1994.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Mary Schapiro."
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