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SEC's Schapiro Sees 'Overwhelming' Task Amid Dodd-Frank Curbs

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On a stormy night in October 2009, Mary Schapiro, the newly appointed head of the U.S. Securities and Exchange Commission, returned to her alma mater, Franklin & Marshall College in Lancaster, Pennsylvania, to be inducted into the hall of fame for student athletes. Receiving her award, she grasped the podium, confessed she was near tears and spoke of how she had never even seen a lacrosse game before attending college.

“But I knew if I worked hard and persevered, I might ultimately play,” she said. She competed for four years and served as captain of the team in her senior year, when it went 7-4. She also lettered in field hockey, Bloomberg Markets magazine reports in its May issue.