Obama Quot Pick To Head Sec Has Record Of Being A Regulator With A Light Touch

Schapira record as a governor rarely show has pursued tough action against big firms on Wall Street. A regulatory body that the merger-sig. Ra. L agency heads, that regulatory authorities of the financial sector, or Finra, losing the mortgage crisis and Bernard Madoff alleged scheme to $ 50 million Ponzi. But a careful examination of Mr.. Ra. When President-elect Barack Obama appointed Mary Schapiro to lead the Securities and Exchange Commission, criticized for having dropped the ball in a lack of vigilance in the markets melting and Bernard Madoff scandal. Schapira oversaw shifted the power of big financial firms at the expense of small ones.