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Mary Schapiro

Former SEC chair Mary Schapiro's mysterious new gig

"On Tuesday, the bank consulting firm Promontory Financial Group announced that it had hired Mary Schapiro, who stepped down as the head of the head of SEC four months ago.

"Schapiro is a particularly high-profile hire for the firm, but she's among many there who are former Washington officials. In fact, Promontory already had a former SEC chair on its roster -- Arthur Levitt is on the firm's advisory board.