Mary Scharpiro life and biography

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Mary Scharpiro biography

Date of birth : 1955-06-19
Date of death : -
Birthplace : New York City, New York, U.S.
Nationality : American
Category : Politics
Last modified : 2010-06-23
Credited as : Politician, Federal agency administrator, Obama administration

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Mary L. Schapiro, (born 1955) is the 29th chairperson of the U.S. Securities and Exchange Commission (SEC). She was designated as the intended nominee by then-President-elect Barack Obama on December 18, 2008, and formally nominated upon Obama's inauguration into office on January 20, 2009. She was confirmed by voice vote in the Senate on January 26, 2009. She is the immediate past chairperson and CEO of the Financial Industry Regulatory Authority, the securities industry self-regulatory organization for broker-dealers and exchanges in the United States, and served in various roles as a financial services regulator in the administrations of Bill Clinton, George H. W. Bush, and Ronald Reagan. She is the first woman to chair the SEC. Schapiro has been the subject of controversy. In 2009, Forbes ranked her the 56th most powerful woman in the world.

Family: d. Robert D. and Susan (Hall) S.; m. Charles A. Cadwell, Dec. 13, 1980, 2 children Education: BA, Franklin and Marshall Coll., 1977; JD, George Washington U., 1980. Certification: Bar: DC 1980. Civil/Military Service: Bd. trustees, vice chmn. audit com. Franklin and Marshall Coll.; mem. advisory bd. RAND Corp. LRN-RAND Ctr. Corp. Ethics, Law & Governance


Recipient Visionary award, Nat. Coun. Econ. Edn. (NCEE), 2008; named Fin. Women's Assn. Pub. Sector Woman of the Yr., 2000; named one of 50 Women to Watch, The Wall St. Jour., 2006, 100 Most Powerful Women, Forbes mag., 2009, The 10 Most Powerful Women in Washington, Fortune mag., 2009, The 100 Most Powerful Women in DC, Washingtonian mag., 2009.


Positions Held: chmn., US Securities & Exchange Commn. (SEC), Washington, 2009; CEO, Fin. Industry Regulatory Authority, Inc. (FINRA), Washington, 2007-2009; chmn., CEO, Nat. Assn. Securities Dealers (NASD), Washington, 2006-2007; vice chmn., pres., regulatory policy oversight divsn., Nat. Assn. Securities Dealers (NASD), Washington, 2002-2006; pres., Nat. Assn. Securities Regulation, Inc., Washington, 1996-2002; chmn., Commodity Futures Trading Commn. (CFTC), Washington, 1994-96; acting chmn., US Securities & Exchange Commn. (SEC), Washington, 1993-1994; commr., US Securities & Exchange Commn. (SEC), Washington, 1988-94; gen. counsel, Futures Industry Assn., 1984-88; sr. v.p., Futures Industry Assn., 1984; counsel to chmn., Commodity Futures Trading Commn. (CFTC), 1981-84; trial atty., 1980-81. Career-Related: Bd. dirs. Duke Energy Corp., 1999-2009, Kraft Foods Inc., 2001-09; chmn IOSCO SRO Consultative Com., 2002-06; mem. Tech. Com. and the Develop. Markets Com. of the Internat. Org. of Securities (IOSCO), President George W. Bush's Advisory Coun. on Financial Literacy, 2008.

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