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Mary Schapiro

Billionaire Leon Cooperman Writes "Open Letter to President Obama"

Joseph A. Palermo | Posted 02.06.2012 | Politics

Read More: President Obama, John Paulson, Wall Street, Leon Cooperman, Michael Bloomberg, Andrew Ross Sorkin, Federal Reserve, New York Times, Timothy Geithner, Bill Gates, Obama, The Koch Brothers, Open Letter to President Obama, Mary Schapiro, Politics News
Joseph A. Palermo

Wall Street "veteran" Leon Cooperman has written an "Open Letter to President Obama" that provides us with a glimpse into the mindset of our 21st century corporate overlords. What's put a bee in Mr. Cooperman's bonnet is the president's "tone" toward billionaires like himself.

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Regulator: MF Global Violated 'Core Foundation' Of Investor Protection

AP | DANIEL WAGNER | Posted 01.03.2012 | Business

Read More: Video, Jon Corzine, Bankruptcy, Wall Street, MF Global, Mary Schapiro, Fbi, Commodity Futures Trading Commission, Securities and Exchange Commission, Cftc, Financial Regulation, Investors, CME Group Inc., Business News

WASHINGTON — A regulator investigating the collapse of Jon Corzine's securities firm, MF Global, said Thursday that the firm's failure to separa...

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Watchdog: SEC Spent Over $100K On Living, Travel Expenses For Ex-Official

Posted 11.24.2011 | Business

Read More: Sec Expenses, Travel Expenses Sec, Sec Watchdog Expenses, Mary Schapiro, Regulator Expenses, Securities and Exchange Commission Watchdog, Living Expenses Sec, SEC Watchdog, Henry Hu, Business News

WASHINGTON (Sarah N. Lynch) -The Securities and Exchange Commission failed to follow federal guidelines and spent in excess of $100,000 on living ...

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Ex-SEC Lawyer Says He Got OK To Work On Madoff Fund

AP | By MARCY GORDON | Posted 11.23.2011 | Business

Read More: Business News, Bernard Madoff, David Becker, Securities and Exchange Commission, Bernie Madoff Victims, Mary Schapiro, Business News

WASHINGTON -- The head of the Securities and Exchange Commission is facing increased scrutiny from lawmakers after a former top commission official sa...

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After Mistakes With Madoff, Regulators Modernize Handling Of Tips

Posted 09.26.2011 | Business

Read More: Onzi Scheme, Fraud, U.S. Securities and Exchange Commission, Goldman Sachs, "Tips, Mary Schapiro, Fbi, China Voice Holding Corp, Complaints and Referrals", Bernard Madoff, Sec, Office of Market Intelligence, Citigroup, Business News

(Sarah N. Lynch and Matthew Goldstein) - For more than three years, U.S. securities regulators investigated allegations of accounting fraud at a s...

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Starving SEC Helps No One But Wall Street

The New York Times | James B. Stewart | Posted 09.15.2011 | Business

Read More: Congress, Wall Street, Federal Budget Deficit, Debt Ceiling, Economic Crisis, Mary Schapiro, Appropriations, Business News, Financial Crisis, Sec, Securities and Exchange Commission, Business News

The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that ca...

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Financial Regulatory Powers Might Be Outsourced To Wall Street-Funded Finra

The Huffington Post | William Alden | Posted 08.28.2011 | Business

Read More: Finra, Financial Industry Regulatory Authority, Economic Crisis, Mary Schapiro, Business News, Financial Crisis, Sec, Securities and Exchange Commission, Business News

Congress may outsource the job of regulating thousands of investment advisors to an organization funded by the professionals it regulates, Bloomberg N...

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SEC Chair Says Cuts Could Have 'Profound Impact' On Agency

The New York Times | BEN PROTESS | Posted 07.05.2011 | Business

Read More: Regulators Budget, Budget Cuts, Financial Reform, Regulators Money, Mary Schapiro, Sec, Gary Gensler, Securities and Exchange Commission, Commodity Futures Trading Commission, Financial Regulation, Cftc, Business News

Financial regulators asked lawmakers on Wednesday for more money to enforce dozens of new rules and oversee Wall Street. ...

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GOP Continues Efforts To Delay, Weaken Financial Reform

Posted 07.05.2011 | Business

Read More: House of Representatives, Fbr Capital Markets, Congressional Committees, Wall Street Reforms, Mary Schapiro, Financial Crisis, Sec, Financial Regulation, Barack Obama, Dodd Frank, Business News

WASHINGTON (Sarah N. Lynch and Christopher Doering) - Two congressional committees led by Republicans approved measures on Wednesday to delay and ...

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Goldman 'Totally Freaked Out' About Volcker Rule

Posted 07.04.2011 | Business

Read More: Goldman Sachs, Freaked Out, Billions, Financial Reform, Mary Schapiro, Securities and Exchange Commission, Financial Reform Goldman, Big Banks, Volcker Rule, Dodd Frank, Business News

This post has been corrected. (Lauren Tara LaCapra) - Goldman Sachs Group Inc has just a few more months to put its stamp on the Volcker rule, ...

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SEC Unveils Plan To Stabilize Markets

Posted 06.06.2011 | Business

Read More: Finra, Sec, Nasdaq Omx Group, Etfs, Financial Industry Regulatory Authority, Securities and Exchange Commission, Mary Schapiro, Business News

By Sarah N. Lynch WASHINGTON - The Securities and Exchange Commission unveiled a long-awaited plan designed to protect the markets from volatile pr...

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SEC Chair: We Didn't Consider 'Media Frenzy' When Writing IPO Rules

Posted 05.25.2011 | Business

Read More: SEC Trading Rules, Business News, SEC Rules, SEC Private Securities, Securities and Exchange Commission, Mary Schapiro, Business News

WASHINGTON (By Sarah N. Lynch) - The U.S. Securities and Exchange Commission is reviewing the rules surrounding private securities trading and in...

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Lila Shapiro

Ethics Concerns At SEC May Undermine Funding Bid

HuffingtonPost.com | Lila Shapiro | Posted 05.25.2011 | Business

Read More: Sec, David Becker, SEC Ethics, Securities and Exchange Commission, Mary Schapiro, Ethics, Dodd-Frank Bill, Business News

As the SEC publicly campaigns for increased funding, chairwoman Mary Schapiro is facing new criticism over the appointment of a key agency official wh...

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Key SEC Official Criticized For Ties To Madoff

The New York Times | Louise Story and Gretchen Morgenson | Posted 05.25.2011 | Business

Read More: Ponzi Scheme, Sec, Irving Picard, David Becker, Securities and Exchange Commission, Bernie Madoff, Ethics Violation, Mary Schapiro, Business News

The Securities and Exchange Commission took a beating two years ago for failing to detect Bernard L. Madoff's multibillion-dollar Ponzi scheme during ...

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SEC Faces Budget Woes With Messy Books

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Read More: Financial Reform Bill, Sec, Dodd-Frank, Securities and Exchange Commission, Budget 2011, Mary Schapiro, Business News

While Securities and Exchange Commission officials are fighting for a budget increase to deal with new duties put in place by the financial reform bil...

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SEC Issues Crucial New Ruling On Mortgages, Loans

AP | MARCY GORDON | Posted 05.25.2011 | Business

Read More: Business News, SEC Commissioners, SEC Requirements, SEC Rules, Securities and Exchange Commission, Mary Schapiro, Business News

WASHINGTON — Federal regulators are requiring firms selling securities tied to mortgages, credit cards and student loans, which froze during the fin...

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Money Manager Accused Of Threatening To Kill 47 Regulators

Posted 05.25.2011 | Business

Read More: Finra, Trader Threatening Regulators, Mary Schapiro, National Futures Association, Alnbri Management, Sec, Vincent McCrudden, Gary Gensler, Trader Threats, Cftc, Business News

NEW YORK, Jan 14 (By Jonathan Stempel) - A New York money manager with a long history of legal battles with the government has been charged with threa...

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Regulators Scramble Ahead of WikiLeaks Financial Disclosures

Phil Trupp | Posted 05.25.2011 | Business

Read More: Henry Paulson, Mary Schapiro, Casablance Moment, Julian Assange, Bernard Madoff, Andrew Ross Sorkin, Robert Mintz, Wall Street, Wikileaks, Business News
Phil Trupp

Not since the $700 billion raid of taxpayer dollars have Washington regulators scurried so quickly to ferret out evidence of collusion between the feds and the nation's major banks. All because of WikiLeaks.

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William Alden

Economists Urge Tighter Mortgage Standards: 'People Are Getting Away With Anything'

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

Read More: Mortgages, Mortgage Servicers, Mary Schapiro, Economic Crisis, Mortgage Crisis, Business News, Ben Bernanke, Timothy Geithner, Homeowners, Foreclosure, Sheila Bair, Dean Baker, Video, Business News

Citing an urgent need to address questionable mortgage and foreclosure practices that have helped stall the broader economic recovery, a group of econ...

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SEC Bracing To Lose Funds, Scaling Back Investigations

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Read More: Dodd-Frank Act, House of Representatives, Executive Pay, Budget, Mary Schapiro, Economic Crisis, Business News, Gop, Securities and Exchange Commission, Sec Investigation, Business News

UPDATE: Reuters reports that U.S. financial regulators could be getting some budget soon under a spending bill released on Tuesday. Here's Reuters: ...

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Manicurist Hit With Corruption Charges -- Know What I'm Sayin'?

Bill Singer | Posted 05.25.2011 | Business

Read More: Fraud, Quadrangle Group, Andrew Cuomo, Irs, Wall Street, Countrywide Financial, Mary Schapiro, Robert Khuzami, Obama Transition, Bill Singer, Angelo Mozilo, Securities and Exchange Commission, Steven Rattner, BrokeAndBroker.Com, Business News
Bill Singer

You ever wonder where so many popular but annoying sayings come from? How do these things even get started? You know? So, like, you know, just sayin',...

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SEC Chief: New Congress Won't Stop Financial Reforms

Posted 05.25.2011 | Business

Read More: Congress, Nyse, The Financial Fix, Dodd-Frank, Mary Schapiro, Stock Circuit Breakers, Sec, Congressional Gridlock, Securities and Exchange Commission, Financial Regulation, Flash Crash, Business News

CHICAGO (By James B. Kelleher) - The top securities regulator said on Tuesday she doubts her agency's overhaul of the country's financial rules will ...

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Hail Mary, Full of Hubris!

Phil Trupp | Posted 05.25.2011 | Business

Read More: Finra, Sec, Sec Mary Schapiro, Securities and Exchange Commission, Mary Schapiro, Business News
Phil Trupp

Despite the loss of $567 million from the FINRA portfolio in 2008, Mary Schapiro walked away from the non-profit industry association in 2009 with nearly $9 million.

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FINRA Proposes All-Public Dispute Panels

Phil Trupp | Posted 05.25.2011 | Business

Read More: Financial Scams, Finra, Mary Schapiro, Investors, Business News
Phil Trupp

Not long ago, if you were an investor seeking beat a financial scam you stood little, if any chance, of gaining justice. But an end to the outright inquisition of scammed investors may end soon.

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Bernanke, Regulators Testify On Financial Reform Implementation

AP | MARCY GORDON | Posted 05.25.2011 | Business

Read More: Bernanke Financial Reform, Neal Wolin, Ben Bernanke Financial Regulation, Mary Schapiro, Bernanke, Financial Reform, Ben Bernanke, Bernanke Financial Regulation, Sheila Bair, Financial Regulation, Business News

WASHINGTON — Federal Reserve Chairman Ben Bernanke and other top regulators said Thursday their agencies are working vigorously to put into effe...

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