Schapiro looks to shore up SEC's regulatory powers

06/11/2009 | Wall Street Journal, The

A shake-up in the enforcement division of the Securities and Exchange Commission that Chairwoman Mary Schapiro undertook in April was aimed at ensuring the regulator's survival. At the time, Schapiro reportedly said scrutiny by lawmakers meant "we need to demonstrate that we're going to make changes ... If we don't get serious about this process, we may cease to exist." The Obama administration said this week it will not eliminate the SEC.

View Full Article in:

Wall Street Journal, The

Published in Brief: