SEC Chief Mary Schapiro considers resignation after illness

Mary Schapiro, chairwoman of the Securities and Exchange Commission, is considering resigning before her term expires in June 2014 as she recuperates at home from a recent illness, the New York Post reports.

Executives inside and outside the Beltway are speculating that the 57-year-old SEC chief, who has served for nearly four years, is mulling leaving her post and may announce her plans as early as November after the presidential election is decided.

“I suspect sometime after the election — regardless of how the election turns out — she will say, ‘I’m outta here,”’ said one former SEC official.

Read more here.

 

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