Obama nominee wants better cooperation among agencies in nabbing next Madoff
(NEWSER) - Mary Schapiro, Barack Obama’s nominee to head the Securities and Exchange Commission, told senators today she would make enforcement a top priority, CNN reports. Her confirmation hearing was also peppered with questions about how Bernard Madoff’s Ponzi scheme slipped past regulators; Schapiro currently heads an industry watchdog group. “I am under no illusion that this will be an easy job,” she said. More»
