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MARY SCHAPIRO

President, NASD Regulation Inc.

Mary Schapiro Only 42, Mary L. Schapiro has spent a long time in the trenches: commissioner at the Securities & Exchange Commission, chair of the Commodity Futures Trading Commission, and point person in untangling the 1996 Sumitomo Corp. copper market scandal.

Now, Schapiro, a lawyer by training, is president of NASD Regulation Inc., the regulatory unit of NASD. She supervises 5,400 member firms, 500,000 traders and brokers, and the NASDAQ stock market. The NASD has been wrenched by scandal and controversy, and her job is to restore its reputation while pursuing her effort to combat Internet fraud. Says Schapiro: ''Technology is the challenge and the answer to the challenge.''

By Paula Dwyer in Washington


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Updated Oct. 16, 1997 by bwwebmaster
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