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SEC’s Mary Schapiro to Step Down - Corruption Currents - WSJ

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Mary Schapiro, chairman of the Securities and Exchange Commission, announced Monday she would be stepping down.

Her decision will mark the end of a turbulent and trying period for the agency, which was reeling after the emergence of the Bernard Madoff Ponzi scheme.

Schapiro will officially step down Dec. 14.

A career regulator,  she is credited by current and former SEC officials with steadying the agency after its failure to spot the Madoff fraud.