Schapiro's SEC Seen Ineffectual As Republicans Race To Scuttle Dodd-Frank

By John Curran and Jesse Hamilton
Published: March 31 2011 Bloomberg

On a stormy night in October 2009, Mary Schapiro, the newly appointed head of the U.S. Securities and Exchange Commission, returned to her alma mater, Franklin & Marshall College in Lancaster, Pennsylvania, to be inducted into the hall of fame for student athletes. Receiving her award, she grasped the podium, confessed she was near tears and spoke of how she had never even seen a lacrosse game before attending college.

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