Word: chief
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...surprisingly, Thomsen's "dead man walking" status officially changed late Monday, when the SEC announced that its top cop had decided to call it quits and return to the private sector. Thomsen joined the agency in 1995 and became its enforcement chief...
Meanwhile, Schapiro has been trying to get a word in edgewise about her plan to fix the SEC. The initial actions were heard Friday in a speech at the Practising Law Institute in Washington. In what Schapiro calls her first two significant moves as chief, she is abolishing the agency's two-year-old failed "penalty pilot" experiment and dismantling a burdensome full-commission "pre-approval" process, which often delayed enforcement efforts "for weeks," she said. The announcements brought applause from the lawyers in attendance...
Prior to joining the SEC, Schapiro was the highly paid chief executive officer of the Financial Industry Regulatory Authority (FINRA), a self-regulatory agency that also missed Madoff's scam. Upon leaving FINRA last month, Schapiro received a $7.2 million severance payment...
...Makower says, the chief impediment to green business will be a lack of cash - just as it is for the rest of us. And like the rest of us, green businesses will be looking to Washington for a savior, hoping that President Barack Obama's promises to use stimulus spending to make the U.S. economy greener, leaner and cleaner was more than idle campaign talk. "If there's one thing I'd like to see from the Administration, it's a vision for what the green economy will look like," Makower says. "But right now, we're in uncharted territory...
...Chief In your article "An Enforcer Named Emanuel" [Feb. 2] you state that the new Chief of Staff at the White House earned $18 million at an investment firm in two years. Given the revelations recently concerning pay and bonuses in the financial sector, was this information meant as praise or criticism? Leslie Keogh, AIXE-SUR-VIENNE, FRANCE