Mary Schapiro Quotes

Under the Dodd-Frank law, the SEC got the lion's share of the rules to write, more than 100 rules, and we have done an extraordinary amount of that. Eighty percent have been either proposed or adopted. So, a lot, a lot accomplished but of course, more to do.

As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.

Despite its heightened duty, at times the SEC has been inattentive to economic analysis.

I don't feel any pressure at all to go along with anybody. I feel pressure to do the right thing for U.S. markets and U.S. investors.

We think nothing of protecting consumers from faulty toasters or unsafe cars. Is it unreasonable to suggest that investors are entitled to information they can trust before investing their hard-earned money? I don't think it's unreasonable at all.

The securities laws of the 1930s were so important because it forced companies to file registration statements and issue prospectuses, and it remedied the imbalance of information.

If we're going to talk about our businesses, we're going to have to talk about them within the constraints of the disclosure rules, without giving guidance, because we're not going to give guidance, because we don't believe that it is a sensible game to play.

It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.

There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper, which allows them to go ahead and buy unregulated products at their own risk.

It has been an incredibly rewarding experience to work with so many dedicated SEC staff who strive every day to protect investors and ensure our markets operate with integrity.

We know what's in our Cheerios and in our retirement accounts because the law requires disclosure.

The SEC got more than 100 rules to write under Dodd-Frank, the lion's share of all the agencies. And we've moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.

Conspiracy theories feed on opacity, and that's a longtime problem with short selling. Large long positions must be reported to the Securities and Exchange Commission in public filings, but not large short positions.

I hope we’re on the road to more truth-telling to investors.

It is no limitation upon property rights or freedom of contract to require that when men receive from Government the privilege of doing business under corporate form, which frees them from individual responsibility, and enables them to call into their enterprises the capital of the public, they shall do so upon absolutely truthful representations as to the value of the property in which the capital is to be invested.

All of us in social media and regular media, we're all competing for the same thing, which is this gap between something happening in the world and you knowing about it.

The TMPG is the place where market participants recognize and address their responsibilities to each other.

The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting were thoroughly fixed, a lot of other sins would go away. We're paying a huge price for deterioration of accounting.

Without a doubt, we do support a robust framework for aggregate capital and liquidity and stress-testing.

What's really great about social media is we have tremendous access, and there's a wealth of information about the people that we admire online.

I'm a YouTuber; I want to share my information. I want to share my tips and tricks and hacks and everything I possibly can with my audience because they've done so much for me.

The costs in F1 are extremely high, it is down to the regulators to control those costs through having stable regulations, every time you change the rules, there is a huge cost involved.

I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.

I love the efficiency of the Internet. If I come across something that I want to share right away, I can do it.

Dodd-Frank is an important statute, but often when the government believes it's handling a particularly important issue, there can be a tendency to overreach.