Political Quotes

Mary L. Schapiro: “If people understand in the marketplace the institutions will be unwound, they will be permitted to fail.”

On the recordJuly 22, 2009
If people understand in the marketplace the institutions will be unwound, they will be permitted to fail.
Said by
Mary L. Schapiro

Editor's note · Context

Discussing the importance of a resolution mechanism for financial institutions.

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More from Mary L. Schapiro

Sep 21, 2011

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

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These are critically important goals, and I support robust implementation of the Dodd-Frank Act's whistleblower program to support Congressional intent.

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Mar 5, 2012

Companies seeking access to capital should not be overburdened by unnecessary or superfluous regulations.

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Apr 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.

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