Nomination of Mary L. Schapiro To Be a Member of the Securities and Exchange Commission

The President today announced his intention to nominate Mary L. Schapiro to be a member of the Securities and Exchange Commission for the remainder of the term expiring June 5, 1989. She would succeed Aulana L. Peters.

Since 1984 Ms. Schapiro has been the general counsel and the vice president of the Futures Industry Association in Washington, DC. Prior to this, she served as the Counsel and Executive Assistant to the Chairman of the Commodity Futures Trading Commission, 1981-1984, and a trial attorney, 1980-1981.

Ms. Schapiro graduated from Franklin and Marshall College (B.A., 1977) and the National Law Center of George Washington University (J.D., 1980). She was born June 19, 1955, in New York, NY. She is married and currently resides in Washington, DC.