Mary L. Schapiro: “I am not a big believer in voluntary regulation and I think that this…”

On the recordMarch 25, 2009

I am not a big believer in voluntary regulation and I think that this is an area where we need authority.

Said by

Mary L. Schapiro

Source

Schapiro emphasizes the need for regulatory authority over derivatives clearing.

More from Mary L. Schapiro

Sep 9, 2009

we must close gaps in regulation, improve transparency, strengthen enforcement and establish a workable, macroprudential regulatory framework.

Dec 5, 2011

The Dodd-Frank Act significantly changes the SEC's regulatory landscape.

Mar 17, 2010

I believe we can make tremendous use of tips and complaints from whistleblowers.

Sep 21, 2011

It is a symptom of the times and a political culture that is quite frankly seriously 'nuts.'

Mary L. Schapiro: “I am not a big believer in voluntary regulation and I think that this is an area where we need authority.”