The Wall Street Journal reports that Mary Schapiro, Obamaâs pick for SEC chief, has a history of going easy on big Wall Street firms. The Journal reports that during her tenure as the head of Finra, Wall Streetâs self-regulatory organization, enforcement fines plunged and the agency spent its time on small players while Madoffâs scheme slipped under the radar. In her confirmation hearing this morning, Schapiro called the Journal article "completely unfair," adding, "I have never been afraid to go after people who violate the public trust. There are no sacred cows." The article came on the heels of a New York Times report that two lawsuits have accused Schapiro of making misleading statements.
Thank you for your interest in republishing this story. You are are free republish it so long as you do the following:
You can’t edit our material, except to reflect relative changes in time, location and editorial style. (For example, “yesterday” can be changed to “last week,” and “Portland, Ore.” to “Portland” or “here.”)
If you’re republishing online, you have to link to us and to include all of the links from our story, as well as our PixelPing tag.
You can’t sell our material separately.
It’s okay to put our stories on pages with ads, but not ads specifically sold against our stories.
You can’t republish our material wholesale, or automatically; you need to select stories to be republished individually.
You cannot republish our photographs without specific permission (ask our Public Relations Director Minhee Cho if you’d like to).
You have to credit us — ideally in the byline. We prefer “Author Name, ProPublica.”
Copy and paste the following into your page to republish: