Rpt Obama Quot Sec Pick Could Face Bumpy Ride Over Madoff

Maria Schapira currently controls the regulation of financial sector authorities, the watchdog that controls nearly 5000 U.S. Brokerages, and is in turn controlled by the SEC.. Securities and Exchange Commission is likely to be roughed up to his confirmation hearing in connection with the scandal Bernard Madoff, but ultimately, it should be confirmed. President-elect Barack Obama choice to lead the U.S.