SEC Chairman Mary Schapiro, responding to critics who say it doesn’t give much consideration to...

|By:, SA News Editor

SEC Chairman Mary Schapiro, responding to critics who say it doesn’t give much consideration to the economic impact of its decisions, says the agency has expanded the role of economists in the process of writing regulations. The House Oversight Committee hearing is bound to be contentious; its title is “The SEC’s Aversion to Cost-Benefit Analysis.”