To the Point
Securities-Industry Regulator to Lead SEC for Obama
After revelations of scandal after financial scandal, the Securities and Exchange Commission is the poster child for the failures of deregulation. Today, President-elect Barack Obama chose Mary Shapiro to head that agency. He said that government, including Congress and the regulatory agencies, have been asleep at the switch.
By Warren Olney • • 1 min readAfter revelations of scandal after financial scandal, the Securities and Exchange Commission is the poster child for the failures of deregulation. Today, President-elect Barack Obama chose Mary Shapiro to head that agency. He said that government, including Congress and the regulatory agencies, have been asleep at the switch. Kara Scannell covers the SEC for the Wall Street Journal.
