"I have never been afraid to go after people I thought had violated the public trust," said SEC Chief Nominee Mary Schapiro at her nomination hearing this week. Schapiro has vowed to go after white collar financial crime and restore the public trust within the Securites and Exchange Commission. Among the many items on her list to change, Schapiro spoke about slowing down the IFRS transition process. According to CFO.com, she said she would immediately focus on fixing the regulatory holes that contributed to the credit crisis. How do you think she will impact the changing economic climate of the US? We'd like to hear your thoughts.
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