Mary Schapiro, President-elect Obama’s choice to run the Securities and Exchange Commission, will begin her confirmation hearings this week before the Senate Banking Committee. Schapiro has headed the Financial Industry Regulatory Authority since 2006 (when it was known as NASD). Her selection in December was generally well-received by industry experts, who believed her appointment could lead to needed changes in the way the SEC is run. Schapiro, who led the effort to consolidate NASD with ...

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