SEC Head Mary Schapiro Talks 'Flash Crash,' Madoff, Dodd-Frank
By Mike TaylorPublished: September 1 2010 New York Observer
At the 410th meeting of the Economic Club of New York at the Sheraton on 811 7th Avenue this afternoon, Securities and Exchange Commission chairman Mary Schapiro discussed her agency's scrutiny of the May 6 "Flash Crash," what she hoped to do to prevent another Bernie Madoff from fleecing investors, and the delicate balance between implementing necessary financial reform legislation and allowing markets to operate efficiently.
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