Mary Schapiro

  Mary Schapiro

    Managing Director and Chairman of the Governance and Markets Practice

+1 202 384 1195
Washington, DC



Chairman, U.S. Securities and Exchange Commission

CEO, Financial Industry Regulatory Authority

Chairman and CEO, National Association of Securities Dealers

Vice Chairman, NASD President, NASD Regulation

Chairman, Commodity Futures Trading Commission

Commissioner and Acting Chairman, SEC

General Counsel and Senior Vice President, Futures Industry Association

Counsel and Executive Assistant to the Chairman, CFTC

Trial Attorney, CFTC

Mary was chairman of the United States Securities and Exchange Commission from 2009 to 2012, capping a distinguished career in government and private sector regulation. She brings a deep understanding of U.S. and global financial markets and their interplay with regulation to her role at Promontory. Mary advises Promontory clients on how to meet regulatory and investor expectations at a time when norms for corporate governance and regulatory compliance are rapidly evolving and risks are increasingly complex.

Mary’s service as the 29th SEC chairman culminated decades of regulatory leadership. She was the first woman to serve as SEC chairman, and the only person to have served as chairman of both the SEC and the Commodity Futures Trading Commission.

During four years as SEC chairman, Mary presided over one of the busiest rule-making agendas in the SEC’s history, during which the agency also brought a record number of enforcement actions, and executed a comprehensive restructuring program to improve protections for investors. Upon her departure, President Obama praised her leadership, saying the SEC became stronger and the financial system “safer and better able to serve the American people – thanks in large part to Mary’s hard work.”

Before becoming SEC chairman, Mary served as CEO of the Financial Industry Regulatory Authority, the largest nongovernmental regulator of securities firms. She worked for more than a decade with FINRA and its largest predecessor, the National Association of Securities Dealers. She was president of NASD Regulation, vice chairman of the NASD, and was NASD’s chairman and CEO at the time of its consolidation into FINRA.

Earlier, Mary was chairman of the Commodity Futures Trading Commission; a commissioner of the SEC; and general counsel and senior vice president of the Futures Industry Association. She began her career at the CFTC, serving first as a trial attorney and later as counsel and executive assistant to the chairman. She joined the board of directors of General Electric Co. in 2013.

Mary earned a J.D. at George Washington University and a B.A. at Franklin & Marshall College.

   Neel Corporate Governance Center    |   College of Business Administration