Schapiro endorsed by Senate

Written by David Jetuah

Accountancy Age

The US Senate has given its backing to Mary Schapiro's selection as the new head of the Securities and Exchange Commission.New SEC chair announced

Schapiro has said she will put the IFRS roadmap under the microscope as one of her first key objectives when she takes office.

'I will take a deep breath and look at this entire area carefully'

The roadmap is the blueprint for IFRS adoption in the US, but Schapiro has hinted that she may not automatically rubber stamp the proposals.