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The article discusses the impending resignation of Chairman Mary Schapiro of the U.S. Securities and Exchange Commission (SEC). Commentary is presented about her achievements at the SEC including several successful enforcement actions, as well as on missteps such as a failed effort to impose greater regulation on the money-market mutual-fund industry.

The article discusses negotiations between the brokerage firm Knight Capital Group and the U.S. Securities and Exchange Commission (SEC) after a series of errant trades due to a software glitch which led to Knight's unintended purchase of billions of dollars of securities. Topics include the actions of Knight chief executive Thomas Joyce; the response of Mary Schapiro, chairman of the SEC; and SEC policies for trade cancellations.

The article reports that top executives from several stock exchanges including Duncan Niederauer of NYSE Euronext Inc. and Robert Greifeld of Nasdaq OMX Group will meet with U.S. Securities and Exchange Commissioner Mary Schapiro to discuss how to prevent a recurrence of a temporary stock-market crash that unfolded on May 6, 2010.

The article reports that the U.S. Security and Exchange Commission (SEC) has approved limits on the short sale of stocks that decline 10% during a single trading session. The three Democrats on the SEC including chairman Mary Schapiro supported the proposal, while Republicans Kathleen Casey and Troy Paredes were opposed.

The article reports that the U.S. Securities and Exchange Commission (SEC) has suggested a ban on "naked-access" trading, which allows traders to circumvent oversight by exchanges and securities regulators. High-frequency traders often use naked access, and SEC chairwoman Mary Schapiro fears the practice could at some point pose a threat to market stability.

The article reports that the U.S. Securities and Exchange Commission (SEC) is considering a ban on "flash" orders that briefly give some market participants an advance look at market activity. SEC chair Mary Schapiro has expressed concern over the inequity that flash orders create. NYSE Euronext, which has lost market share to rival exchanges that allow flash orders, favors a ban.

The article discusses efforts by outgoing U.S. Securities and Exchange Commission Chairwoman Mary Schapiro to mediate disagreements among banking regulators over how to implement the so-called "Volcker rule," which bars banks from trading with their own funds.

The article provides information on Elisse Walter, who is scheduled to replace Mary Schapiro as chairman of the U.S. Securities and Exchange Commission (SEC) on December 14, 2012, with particular attention on disagreements between Walter and Schapiro on several economic issues.

The article notes that several trusted subordinates of U.S. Securities and Exchange Commission (SEC) chair Mary Schapiro have left the SEC during 2012, giving rise to speculation that Schapiro herself might resign before her term ends in 2014.

The article discusses appearances by several U.S. financial regulators before subcommittees of the U.S. House Committee on Financial Services including Mary Schapiro of the Securities and Exchange Commission and Daniel Tarullo of the Federal Reserve, during which they defended a proposal that would restrict the ability of banks to engage in proprietary trading.

The article reports that the U.S. Securities and Exchange Commission (SEC) has been asked by Senator Ted Kaufman to stop the so-called sponsored access, a practice in which a brokerage firm's computer identification code is used by high-frequency traders to directly trade on an exchange. According to critics of the practice, a high-frequency firm that uses sponsored access with no proper risk controls could destabilize trades that result in losses for firm. SEC chairman Mary Schapiro cites that the SEC expects to look more closely at the practice.