{"id":88950,"date":"2012-10-22T17:14:06","date_gmt":"2012-10-22T21:14:06","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=88950"},"modified":"2021-09-15T06:16:29","modified_gmt":"2021-09-15T10:16:29","slug":"sec-chairperson-mary-schapiro-is-likely-to-leave-due-to-election","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/sec-chairperson-mary-schapiro-is-likely-to-leave-due-to-election\/","title":{"rendered":"SEC Chairperson, Mary Schapiro Is &#8220;Likely To Leave&#8221; Due To Election"},"content":{"rendered":"<img decoding=\"async\" class=\"size-full wp-image-88952\" title=\"SEC Chairperson, Mary Schapiro Is &quot;Likely To Leave&quot; Due To Election\" src=\"https:\/\/www.valuewalk.com\/wp-content\/uploads\/2021\/07\/clost.png\" alt=\"SEC Chairperson, Mary Schapiro Is &quot;Likely To Leave&quot; Due To Election\" width=\"160\" \/>\n<p style=\"text-align: justify\">FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Securities and Exchange Commission (SEC) Chair Mary Schapiro is telling Wall Street executives she \u201cis likely to leave\u201d her post and that \u201cit\u2019s a matter of timing and the timing is the matter of who wins\u201d the election. Gasparino reports that President Obama wins reelection, Schapiro \u201cis likely to leave immediately, maybe even that day. Handing her role to Elisse Walter, a democratic commissioner who\u2019s considered can do the job.\u201d Conversely, Gasparino reports Schapiro will \u201cbe in this job longer, possibly staying out her term,\u201d should Gov. Romney win the election, and that possible replacements could be SEC Republican Commissioner Daniel Gallagher and Travelers Vice Chairman William Heyman.<\/p>\n<p style=\"text-align: justify\"><strong>Excerpts &amp; Video from\u00a0the report are below.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Watch the latest video at <a href=\"http:\/\/video.foxbusiness.com\" rel=\"nofollow\" target=\"_blank\">video.foxbusiness.com<\/a><\/p>\n<p style=\"text-align: justify\"><strong>On the timing of Mary Schapiro\u2019s departure as SEC Chair:<\/strong><\/p>\n<p style=\"text-align: justify\">\u201cThis is all contingent&#8221;,\u00a0at least this is what Schapiro is signaling to Wall Street executives who the FOX Business Network spoke exclusively with. This is all contingent on who wins the presidential election. If Barack Obama,\u00a0current president,\u00a0wins reelection,\u00a0she is likely to leave immediately, maybe even that day. Handing over her role to Elisse Walter a democratic commissioner someone who\u2019s considered can do the job. Now, if Romney wins that\u2019s where this gets more complicated. Obviously she has to wait for a replacement that could take &#8211; who knows a month,\u00a0two months,\u00a0and that\u2019s where she will be in this job longer, possibly staying out her term. Remember I think her term ends with the Presidential term in January, and that\u2019s where she\u2019d be in the job longer. But clearly, she\u2019s out. She\u2019s telling people this is it, it\u2019s a matter of timing and the timing is the matter of who wins. Now if Romney wins as President who might he appoint as SEC Chairman?\u00a0Two names come up;\u00a0Daniel Gallagher who\u2019s a republican commissioner, currently on the commission,\u00a0and Travelers&#8217; Vice Chairman, William Heyman.\u201d<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Securities and Exchange Commission (SEC) Chair Mary Schapiro is telling &#8230; <a title=\"SEC Chairperson, Mary Schapiro Is &#8220;Likely To Leave&#8221; Due To Election\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/sec-chairperson-mary-schapiro-is-likely-to-leave-due-to-election\/\" aria-label=\"More on SEC Chairperson, Mary Schapiro Is &#8220;Likely To Leave&#8221; Due To Election\">Read more<\/a><\/p>\n","protected":false},"author":894,"featured_media":1931496,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6640],"tags":[],"states":[],"acf":[],"modified_by":"Sheeraz Raza","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/88950"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=88950"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/88950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/1931496"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=88950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=88950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=88950"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=88950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}