Congratulations, Mary! Our 2025 Rauschman Award Recipient

It is the pleasure of SIFMA’s Compliance & Legal Society to present Mary L. Schapiro with the 2025 Alfred J. Rauschman Award!

The Alfred J. Rauschman Award is presented by the Society annually to a candidate who has demonstrated significant contributions to the compliance and legal communities, promoted open communications among industry practitioners to share ideas and issues, fostered dialogue and communications with regulators and dedicated their career to the securities industry. Al Rauschman was a visionary in the securities industry compliance and legal profession. The humble roots of SIFMA’s Compliance & Legal Society go back to a time in the late 1960’s when Rauschman and a group of his contemporaries began meeting informally to discuss current compliance, legal and regulatory topics affecting the securities industry. Those early efforts led ultimately to the founding of what is today known as the SIFMA Compliance & Legal Society, and Al Rauschman served as its first President.

Mary L. Schapiro serves as Vice Chair and head of the Secretariat for the Glasgow Financial Alliance for Net Zero, which brings together over 700 financial institutions committed to achieving net zero greenhouse gas emissions in support of the global transition to a net-zero economy. Ms. Schapiro is the Vice Chair for Global Public Policy of Bloomberg and serves as a Special Advisor to the Founder and Chairman. Ms. Schapiro has had a distinguished career as a financial services regulator through her service as the 29th Chair of the US Securities and Exchange Commission, Chair of the Commodity Futures Trading Commission, and chief executive officer of the Financial Industry Regulatory Authority (FINRA).

In This Video

• Jack Brennan, Retired Chairman and CEO, Vanguard
• Robert Cook, President and CEO, FINRA
• Meredith B. Cross, Partner, WilmerHale
• Richard Ketchum, Retired CEO, FINRA
• Mary L. Schapiro, Vice Chair, Glasgow Financial Alliance for Net Zero (GFANZ) and Vice Chair of Global Public Policy, Special Advisor to the Founder and Chairman, Bloomberg