Tuesday, September 18, 2012

SEC you later, pal! Schapiro may be heading for the exit




Wall Street’s abuzz that its top watchdog — Mary Schapiro — is considering resigning even before her term expires in June 2014, as she recuperates at home from a recent illness.  Execs inside and outside the Beltway are speculating that the 57-year-old Securities and Exchange Commission chief, who has served nearly four years, is mulling leaving her post and may announce her plans as early as November after the presidential election is decided.

Chatter surrounding Schapiro’s status at the regulatory agency has reached a crescendo in the past few days as an undisclosed medical procedure has resulted in her taking a leave of absence — set to end tomorrow.

An SEC official told The Post that Schapiro has been on medical leave since last Thursday and has been working from home as she recovers


Read more: http://www.nypost.com/p/news/business/sec_you_later_pal_peruFt7YLLFvSAf4B9OrYJ#ixzz26nzPNBlj

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