SEC's Schapiro forced to scale back, delay many proposals

12/30/2009 | Bloomberg

Securities and Exchange Commission Chairman Mary Schapiro has proposed efforts to rein in short-sellers, protect investors and generally show that her agency is on top of market issues. Many of Schapiro's efforts, however, have been scaled back, deferred or delayed. Schapiro, who is coming upon the end of her first year in office, is finding that making proposals is significantly easier than getting them approved and implemented.

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