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Is Schapiro the right person to reform the SEC?

SEC Chairman Mary Schapiro could credibly claim that during her tenure as head of Finra, the group was not responsible for failing to detect the Madoff Ponzi scheme.

SEC Chairman Mary Schapiro could credibly claim that during her tenure as head of Finra, the group was not responsible for failing to detect the Madoff Ponzi scheme. That failure was largely the fault of the Securities and Exchange Commission, which had the clear responsibility and authority to exam

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