PEOPLE

PEOPLE

Mary Schapiro, aged 38, has become chairman of the Commodity Futures Trading Commission, giving the agency a permanent chief for the first time in nearly two years. Her confirmation as principal U.S. derivatives regulator was delayed for four months by a political dispute. In her new post Schapiro has oversight of private derivatives markets as well as established futures exchanges, officials say. She will also join the president's working group on financial markets, which for the past year

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