Mary Schapiro’s decision to join Promontory Financial Group LLC after running the SEC amplifies the firm’s advantage as an employer of former regulators.
What Mary Schapiro considered her most important task had just run aground, a symbol of the aspirations and missed opportunities of her tenure as head of the U.S. Securities and Exchange Commission.
SEC Chairman Mary Schapiro has seen several of her key executives at the agency depart recently, adding to speculation that Schapiro may depart after the presidential election.