Mary Schapiro | |
---|---|
29th Chairwoman of the Securities and Exchange Commission | |
In office January 27, 2009 – December 14, 2012 |
|
President | Barack Obama |
Preceded by | Christopher Cox |
Succeeded by | Elisse Walter |
In office May 7, 1993 – July 27, 1993 Acting |
|
President | Bill Clinton |
Preceded by | Richard Breeden |
Succeeded by | Arthur Levitt |
Commissioner of the Securities and Exchange Commission | |
In office December 1988 – October 1994 |
|
Chairwoman of the Commodity Futures Trading Commission | |
In office October 13, 1994 – January 26, 1996 |
|
President | Bill Clinton |
Preceded by | Barbara Holum (Acting) |
Succeeded by | John Tull (Acting) |
Personal details | |
Born |
New York City, New York, U.S. |
June 19, 1955
Political party | Independent |
Alma mater |
Franklin and Marshall College George Washington University |
Mary L. Schapiro (born June 19, 1955) served as the 29th Chair of the U.S. Securities and Exchange Commission (SEC). She was appointed by President Barack Obama, unanimously confirmed by the U.S. Senate, and assumed the Chairship 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.
Schapiro was born in New York City to Robert and Mary Susan "Sue" Hall Schapiro. One of four children, Schapiro grew up in Babylon, N.Y., where her father owned the Tempus Fugit antique store. and her mother was a reference librarian. Schapiro graduated from Babylon High School, and matriculated at Franklin & Marshall College, where she was graduated in 1977. In 1980 she earned a Juris Doctor (J.D.) degree with honors 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 acting Chair of the SEC, and then appointed her Chair of the Commodity Futures Trading Commission in 1994.