SEC Chairman Mary Schapiro To Step Down December 14

Securities and Exchange Commission chairman Mary Shapiro has announced that she will step down on Dec. 14, 2012, according to Finextra.

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    “It has been an incredibly rewarding experience to work with so many dedicated SEC staff who strive every day to protect investors and ensure our markets operate with integrity,” said Chairman Schapiro. “Over the past four years we have brought a record number of enforcement actions, engaged in one of the busiest rulemaking periods, and gained greater authority from Congress to better fulfill our mission.”

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