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Schapiro to Step Down as Chair of SEC

Securities and Exchange Commission Chair Mary Schapiro will step down from that position Dec. 14. Schapiro took office in January 2009. Along with a flurry of rulemaking pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, Schapiro over…

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the past two years presided over more enforcement actions than SEC had ever brought before: 735 enforcement actions in fiscal year 2011 and 734 actions in FY 2012.