Mary Schapiro, the former chairman of the U.S. Securities and Exchange Commission, has joinedPromontory Financial Group as a managing director and chairman of its governance and markets practice.

Promontory is an international strategy, risk-management, regulatory, and compliance consulting firm. Schapiro will be based in Promontory’s Washington, D.C., office and will advise clients on corporate governance and risk management issues. She served as SEC chairman from 2009 to 2012 and was instrumental in pushing money fund reforms to the forefront.

“The risk environment for firms in today’s global markets is increasingly complex,” stated Schapiro.

“Managing those risks while balancing the interests of the many constituencies of a modern corporation challenges practices of corporate governance, regulatory policy and market behavior. While regulators are charged with policy making in these areas, the private sector – especially investors – has the largest stake. At Promontory I join a team of highly experienced professionals who work with clients to meet regulatory and investor expectations while advancing the evolving norms for corporate governance and regulatory compliance.”

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