Mary Schapiro, CEO of the Financial Industry Regulatory
Authority, has been nominated as successor to SEC Chairman
Christopher Cox by Barack Obama.
Lawyers resoundingly approved the choice. "She brings
experience from The Street and from Washington, from the SEC
and the commodities markets, and each side of the political
aisle," said John Olson, partner at Gibson Dunn & Crutcher.
Olson was also one of the suspected finalists for the
"Mary instils immense confidence in the people I've spoken
to, lawyers and investors.
"I've been very impressed by all the nominations for...