February 16, 2010
FINRA’s Board Reviews Allegations of Its Own Excessive Compensation – Including Mary Schapiro!
– Broc Romanek, CompensationStandards.com
According to this article, FINRA’s Board of Governors will review allegations that senior executives – including SEC Chair and former FINRA head Mary Schapiro – received excessive compensation in 2008, despite the organization’s operating losses. FINRA is conducting the review in response to a lawsuit brought by Amerivet Securities.