Mary Schapiro is back on Wall Street.
The former chairman of the Securities and Exchange Commission was just named to the board of Morgan Stanley.
Mary Schapiro
Schapiro, was head of the Commission from 2009 to 2012 after her appointment by President Barack Obama. ir
Schapiro is no stranger to the financial markets and lends instant credibility to the brokerage. In the 1990s, she was the chairwoman of the Commodity Futures Trading Commission. She also served as chairman and chief executive of the Financial Industry Regulatory Authority.
“Her leadership experience at the SEC., Finra and CFTC brings strong finance, risk management and regulatory expertise to the firm,” Morgan Stanley CEO James Gorman said in a statement. “The board, our management and our shareholders will benefit greatly from her extensive experience in government and public policy.”
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
Glasgow is one of the bank’s 23 global technology centres.
-
John McCareins talks about his newly created role as head of international at NTAM which he took on in 2023.
-
Robert van Brugge, former CEO of Bernstein Research Services, has been named CEO of Bernstein.
-
The new building houses State Street’s recently established global cybersecurity centre of excellence.
-
The $33.8bn bonus pool for 2023 closely matched the 2022 pool.