US SEC Chairman Mary Schapiro to step down

WASHINGTON Mon Nov 26, 2012 10:52am EST

WASHINGTON Nov 26 (Reuters) - The head of the U.S. Securities and Exchange Commission, Mary Schapiro, announced on Monday she will step down from the agency on Dec. 14.

"Over the past four years we have brought a record number of enforcement actions, engaged in one of the busiest rulemaking periods, and gained greater authority from Congress to better fulfill our mission," Schapiro said in a statement announcing her departure.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.