PDA

View Full Version : Ex-SEC chief Schapiro joins compliance firm



FuzzyLumpkins
04-04-2013, 04:39 AM
http://www.lifehealthpro.com/2013/04/03/ex-sec-chief-schapiro-joins-compliance-firm?t=suitability

They have done this before as this firm also retains the service of her predecessor. Banks will hire her services for consultation on regulatory policy. She makes words to the effect that she has 'investor' needs in mind, investors aren't the ones that will be paying her though. They get to buy the bureaucracy.


“Mary is an outstanding advocate for investors and was a strong and decisive regulator during one of the most volatile periods in our financial history,” said Ludwig, in a Tuesday statement. “Her profound understanding of the U.S. and global financial markets, decades of regulatory leadership, and deeply relevant perspective and insight will add to our already significant involvement in capital markets, hedge fund and private equity advisory and compliance services. We are thrilled that Mary has chosen to join us at Promontory.”

It's too bad they couldn't write that she was an outstanding advocate for the American people.