Date: November 26, 2012
Andrew DeSouza, 202.962.7390, email@example.com
SIFMA Statement on Resignation of SEC Chairman Mary
November 26, 2012—SIFMA
today released the following statement from President and CEO Tim Ryan after
Securities and Exchange Commission Chairman Mary Schapiro announced she will
leave the agency in December.
Schapiro has worked tirelessly during her tenure at the SEC to tackle difficult
challenges and work through a massive rulemaking effort mandated by Dodd-Frank.
She has been an effective steward of an agency that plays a key role in
regulating our financial markets and has been actively engaged to ensure rules
are written that strengthen and protect our markets and investors active in
them while not stifling market activity, capital formation, and economic
growth. We wish her well in her next pursuit.
we look forward to working with new Chairman Elisse Walter as the Commission
and the industry continue to move forward on important market and regulatory
The Securities Industry and Financial Markets Association
(SIFMA) brings together the shared interests of hundreds of securities firms,
banks and asset managers. SIFMA's mission is to support a strong financial
industry, investor opportunity, capital formation, job creation and economic
growth, while building trust and confidence in the financial markets. SIFMA,
with offices in New York and Washington, D.C., is the U.S. regional member of
the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.