Mary Schapiro

Quick Facts

Full Name	Mary Schapiro
Occupation	Politician
Date Of Birth	Jun 19, 1955(1955-06-19)
Age	69
Birthplace	New York City
Country	United States
Horoscope	Gemini

Mary Schapiro Biography

Mary Schapiro is one of the most popular and richest Politician who was born on June 19, 1955 in New York City, United States. Mary L. Schapiro (born June 19th 1955) was appointed an 29th Chairman of the U.S. Securities and Exchange Commission (SEC). She was named by the President Barack Obama, unanimously confirmed by the U.S. Senate, and took over the Chairship on January 27, 2009. The first female to serve as the Chair for a long time of the SEC. As of 2009 Forbes listed her as the number 56 powerful female around the globe.

In 2005, Schapiro was the head of a vast investigation into the practice of gift-giving and entertainment in Wall Street, uncovering several instances of extravagant and lavish events, leading to numerous charges.

Schapiro served in various roles as a financial services regulator in the administrations of Ronald Reagan, George H. W. Bush, and Bill Clinton. From 2006 to early 2009, she was the Chairman and CEO of the Financial Industry Regulatory Authority (FINRA), the securities industry’s self-regulatory organization for broker-dealers and exchanges in the United States.

Schapiro partially blamed the financial crises of 2008 on deregulation, telling senators that the regulatory system had “not kept pace with the markets and the needs of investors”. As the SEC’s head, she said, she would press for tighter regulation of financial instruments, including derivatives.

In 1996, Schapiro was appointed to in 1996 the National Association of Securities Dealers (NASD) (now the Financial Industry Regulatory Authority) as head of NASD Regulation. In 2002, she was appointed an Vice-Chair of NASD.

Mary Schapiro Net Worth

Mary Schapiro is one of the richest Politician from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Mary Schapiro 's net worth $5 Million. (Last Update: December 11, 2023)

Schapiro was born in New York City to Robert and Mary Susan “Sue” Hall Schapiro. Schapiro’s mother was a part in the Presbyterian church. Four children were born to her. Schapiro was raised within Babylon, N.Y., where her father ran the Tempus Fugit antique shop. Her mother was librarian of reference. Schapiro completed her studies at Babylon High School, and attended Franklin & Marshall College, which she graduated from in 1977. In the year 1980, she was awarded the Juris Doctor (J.D.) degree with high marks at George Washington University Law School.

Schapiro was named in the year 1988 by president Ronald Reagan to fill one of the two Democratic seat within the SEC. The President George H. W. Bush appointed her to the post in 1989. In 1989, President Bill Clinton appointed Schapiro acting Chair of the SEC and later named her Chair of the Commodity Futures Trading Commission in 1994.

In 2006 she became NASD’s Chair and CEO. In that position, she oversaw NASD’s consolidation with NYSE Member Regulation to form the Financial Industry Regulatory Authority.

Height, Weight & Body Measurements

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Who is Mary Schapiro Dating?

According to our records, Mary Schapiro is possibily single & has not been previously engaged. As of December 1, 2023, Mary Schapiro’s is not dating anyone.

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During Schapiro’s tenure at the SEC, the agency improved its enforcement program, creating new structures, procedures, and programs to better address the modern financial markets, including: bringing 735 enforcement actions in FY 2011 and a near record of 734 actions in FY 2012; obtaining more than $11 billion in ordered disgorgements and penalties since FY 2009; prosecuting the largest insider trading scheme ever discovered, winning a record $92.8 million fine in the civil case against the CEO of the Galleon Hedge Fund; and bringing financial-crisis related actions against Fannie Mae and Freddie Mac, among others. Also during Schapiro’s tenure, the SEC brought a record number of enforcement actions and returned more than $6 billion to harmed investors. Schapiro also led the agency through one of its most active rulemaking periods, and enacted many other investor protection measures, including adopting more than three quarters of the rules required by the Dodd-Frank Act.

Facts & Trivia

Mary Ranked on the list of most popular Politician. Also ranked in the elit list of famous people born in United States. Mary Schapiro celebrates birthday on June 19 of every year.

In April 2013, Schapiro joined Promontory Financial Group where she is Advisory Board Vice Chair. In 2013 she joined the board of directors of General Electric, and in 2015, she joined the board of directors of the London Stock Exchange Group. In 2017, she was elected to the board of directors of CVS Health.