On December 18, 2008, President Barack Obama named Mary Schapiro as his choice to head the Securities and Exchange Commission.The Washington Post: Official: Obama taps Mary Schapiro to head SEC Schapiro is the CEO of the nongovernmental financial regulation agency the Financial Industry Regulatory Authority, and was the chairperson of the Commodity Futures Trading Commission under President Bill Clinton.CNN: Obama adds another Republican to Cabinet (December 17, 2008)
Previous Work With the SEC
Schapiro was commissioner of the SEC under Ronald Reagan and was reappointed to the position by his successor, George H.W. Bush. Under the Clinton administration, she was acting chair of both the SEC and Commodities Futures Trading Commission.International Herald Tribune: Source: Obama picks Mary Schapiro... (December 18, 2008)
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Fast Facts
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Born
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Attended Franklin and Marshall College and George Washington University National Law Center
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Worked for the Futures Industry Association from 1984-1988
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Worked for the Commodities Futures Trading Commission from 1980-1984The American Presidency Project: Nomination of Mary L. Schapiro... (November 8, 1989)
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