The Female Head of the SEC Is Being Replaced … by a Woman

The Securities and Exchange Commission is turning into a girl’s club … and we like it.

When it was first announced that the head of the SEC, Mary Schapiro, was stepping down, we were kind of bummed.

But on the heels of Schapiro’s resignation, it was announced that President Obama would be appointing another woman in her place: Elisse Walter, who was appointed as an SEC commissioner by President Bush in 2008.

That made us happy not just because we love seeing women in high places that are traditionally the province of men. (You know, now would be a great time to officially change the title from Chairman to Chairwoman of the SEC.)

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