Schapiro stepping down at SEC, Walter to step in
WASHINGTON (Reuters) – The head of the U. S. Securities and Exchange Commission, Mary Schapiro, will step down in December after a tumultuous four years in which she tried to rehabilitate the agency’s battered reputation. In a statement issued on Monday, Schapiro said she would leave the agency on December 14. SEC Commissioner Elisse Walter will serve as chairman-designate on a temporary basis, the White House said. A White House official said President Barack Obama plans to nominate a full-term replacement in the near future. . . .
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