MutualFundWire.com: Schapiro Makes a Statement on the Markets' Reopening
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Wednesday, October 31, 2012

Schapiro Makes a Statement on the Markets' Reopening


If you thought Mary Schapiro had nothing to say about the reopening of the securities markets today, permit yourself on be disabused.

The news here is no-news. The SEC chief simply says that she is "pleased" to note that the markets have reopened following the disruption of hurricane Sandy's impact along the East Coast, and will continue to "monitor developments."

Behold.

CHAIRMAN SCHAPIRO STATEMENT ON REOPENING OF SECURITIES MARKETS

Washington, D.C., Oct. 31, 2012 – Securities and Exchange Commission Chairman Mary L. Schapiro today made the following statement:

“I am pleased that the nation’s securities markets were able to open today despite the devastation left in the wake of Hurricane Sandy.

“Since the weekend, the staff of the SEC and I have been in constant communication with the exchanges, market participants, and other regulators assessing the situation and coordinating with the relevant parties.

“We will continue to monitor developments over the coming days.

“In the meantime, our thoughts are with the millions of Americans who have been so affected by this massive storm.”
Printed from: MFWire.com/story.asp?s=41859

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