London Stock Exchange Group (LSEG) officials report that former head of the SEC, Mary Schapiro, will join the LSEG board as a non-executive director, effective on the first of July. In addition, David Weisbrod, CEO of LCH.Clearnet, has been named LSEG’s U.S. country head. “In this new role, David will work closely with the business… Read More >>
Mary Schapiro Goes Private as Barclays Bolsters its Cash Management Team
Mary Schapiro Crosses the Aisle to Join Promontory Mary Schapiro, the former chairman of the SEC, has crossed the aisle to the private sector and joined consultancy Promontory Financial Group as managing director and chairman of the governance and markets practice, say officials.The Washington, D.C.-based Promontory, which offers strategy, risk management, regulatory, and compliance consulting,… Read More >>
Mary Jo White at the SEC
Former U.S. attorney Mary Jo White is likely to be nominated today as the new chairperson of the SEC, according to multiple news reports. This follows rampant speculation in Washington, D.C. over the past week about White taking the helm at the regulator. I am cautiously optimistic about this prospect and am hoping that her… Read More >>
Is the SEC Too Deadlocked to Function?
Back in November, I wrote about the misplaced attention to the horse race for the replacement of Mary L. Schapiro, who stepped down as the SEC chairman on Dec. 14. The focus should have been on quickly finding the right replacement and avoiding a deadlocked situation. Unfortunately, that’s not how it’s working out. As it… Read More >>
Schapiro’s Replacement
Several media outlets have been reporting extensively on the horse race for Mary L. Schapiro’s replacement as the SEC chairman prepares to leave her post on Dec. 14. My hope is that the horse race yields someone strong enough to withstand rough waters as regulatory reform is far from over and there are bitter battles… Read More >>
SEC’s Schapiro to Exit as RTS Realtime’s CEO Moves from Chicago to Singapore
SEC Commissioner Walter to Replace Chairman Mary Schapiro After overseeing a major chapter in the regulatory agency’s history, SEC Chairman Mary L. Schapiro will step down from her post on Dec. 14 and will be replaced by Elisse B. Walter, an SEC commissioner. President Obama approved Walter’s promotion, sidestepping Congressional approval. As it moves into… Read More >>
