Mary L. Schapiro
The Public Record
29th Chairwoman of the Securities and Exchange Commission
★ Featured Quote
April 16, 2013
I believe that the definition of 'accredited investor' as it stands today does a poor job of screening out people who are unsophisticated.
— Mary L. Schapiro
We think the budget increase is really essential, given the additional responsibilities that the agency is taking on under Dodd-Frank and under the JOBS Act.
I commend Congressman Westmoreland and Ranking Member Frank for bringing forward bipartisan legislation, H.R. 3503, to bring transparency to the PCAOB's disciplinary proceedings.
Companies seeking access to capital should not be overburdened by unnecessary or superfluous regulations.
The worst result I think we could have would be for investors to lose confidence generally again, as they did after Enron, in the quality and the integrity of financial statements.
Do I wish now that he had been more sensitive to the potential of this issue to raise an appearance of conflict? Yes.
This time around, I have had more than a few people in my office weeping with fear about what might happen to them because one person or another was looking into their behavior.
It is a symptom of the times and a political culture that is quite frankly seriously 'nuts.'
Following the biggest financial crisis since the Great Depression, Congress passed legislation that is already reshaping the U.S. regulatory landscape.
These are critically important goals, and I support robust implementation of the Dodd-Frank Act's whistleblower program to support Congressional intent.