29th Chairwoman of the Securities and Exchange Commission
Mary Schapiro
Mary Schapiro at the One Planet Sovereign Wealth Funds Summit in June 2023
29th Chair of the Securities and Exchange Commission
In office January 27, 2009 – December 14, 2012
President
Barack Obama
Preceded by
Christopher Cox
Succeeded by
Elisse B. Walter
In office May 7, 1993 – July 27, 1993 Acting
President
Bill Clinton
Preceded by
Richard C. Breeden
Succeeded by
Arthur Levitt
Chair 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
(1955-06-19) June 19, 1955 (age 69) New York City, New York, U.S.
Political party
Independent[1]
Education
Franklin and Marshall College (BA) George Washington University (JD)
Mary Lovelace Schapiro[2] (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.[3] In 2009, Forbes ranked her the 56th most powerful woman in the world.[4]
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.[5] Schapiro is the first person to lead both the SEC and the CFTC, and the only one to have chaired those two agencies as well as FINRA.[6][7] From 2015 to 2023, she led the secretariat of the Task Force on Climate-related Financial Disclosures.[8]
Schapiro currently serves as the vice-chair of the Glasgow Financial Alliance for Net Zero (GFANZ), a group formed during COP26 climate conference in Glasgow and describes itself as "a global coalition of leading financial institutions committed to accelerating the decarbonization of the economy."[9][7]
^Aruna Viswanatha (November 26, 2012). "Schapiro stepping down at SEC, Walter to step in". Reuters.
^"Appointee Files: Records, 1981-1989 – Reagan Library Collections" (PDF). Office of the Counsel to the President. p. 89. Archived from the original (PDF) on December 24, 2016. Retrieved January 26, 2021.
^"Obama taps veteran regulator to head under-fire SEC", Agence France Presse, December 18, 2008, accessed February 6, 2009.
^"The 100 Most Powerful Women". Forbes. August 19, 2009.
^"SEC Biography:Chairman Mary L. Schapiro". SEC.gov. Retrieved 23 June 2013.
^"SEC.gov | SEC Biography:Chairman Mary L. Schapiro". www.sec.gov. Retrieved 2021-07-28.
^ abMichelson, Joan (8 November 2021). "Is GFANZ the 'GPS' We Need To Finally Address Climate Change? COP26". Forbes. Retrieved 4 January 2024.
^"Task Force on Climate-Related Financial Disclosures | TCFD)". Task Force on Climate-Related Financial Disclosures. Retrieved 2024-01-04.
^Bose, Anirban (2024-01-31). "The fight against greenwashing starts with AI. Here's why". Fortune. Retrieved 2024-02-09.
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