SEC Chairman Schapiro will resign from the SEC on December 12, 2012. Chairman Schapiro is one of the longest-serving SEC chairmen, having served longer than 24 of the previous 28 chairman. She was appointed by President Barack Obama on January 20, 2009.
Commissioner Elisse Walters will act as temporary Chairman of the SEC until the position is replaced. Commissioner Walter previously served on the SEC staff in the Office of the General Counsel and the Division of Corporation Finance from 1977 to 1994, ascending to the positions of Associate General Counsel and Deputy Director of the Division of Corporation Finance.
Click http://www.sec.gov/news/press/2012/2012-240-accomplishments.htm to access the accomplishments of Chairman Schapiro while at the SEC.