Linda Schapiro to resign as SEC head


The chairmanship of the Securities and Exchange Commission ranks as one of the toughest jobs in government. The commission is sprawling yet understaffed in critical enforcement areas, and the constant object of political warfare. Few have succeeded in the job to their personal standards. Mary Schapiro steps down to mixed reviews, which is about as well as anyone could've done. New York Times notes that, she "quickly gained a reputation as a consensus builder determined to repair the agency's reputation. A tireless preparer and self-described pragmatist, Ms. Schapiro overhauled the agency's management ranks, revived the enforcement unit and secured more money and technology at a time when other agencies were being asked to cut back." Article

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