Mary Schapiro

SEC considers new rules for regulating cyber security issues

June 9, 2011 - 5:19am | Fraud | News

Mary Schapiro, Chairman of Securities and Exchange Commission, said that she will seriously consider to issue additional guidance on how public companies should disclose cyber security problems.

"Although we are not aware that investors have asked for more disclosure in this area, I have asked the commission staff to provide me with a briefing on current disclosure practices," Schapiro said in a letter to Senator John Rockefeller dated June 6 and released publicly on Wednesday.

cyber attack | cyber security | hack | Mary Schapiro | SEC

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SEC’s failure to track Madoff fraud under investigation of the US Congress

September 4, 2009 - 2:27am | Law aspects | News

Rep. Edolphus Towns, chairman of the House Oversight and Government Reform Committee, made a statement on Thursday that the US Congress will convene hearings on the failure of the Securities and Exchange Commission to follow clues that could have uncovered Bernard Madoff's $65 billion Ponzi scheme.

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Federal Reserve should not be given absolute power over financial system

July 24, 2009 - 7:17am | Analytics | News

A day after the administration sent Congress legislation that would make the Fed the supercop of the U.S. financial system, as well as create the new oversight council to boost coordination among regulators and raise capital requirements for financial institutions, Securities and Exchange Commission Chairman Mary Schapiro and Sheila Bair, head of the Federal Deposit Insurance Corp., appeared before

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