After nearly four years at the helm, SEC Chairman Mary Schapiroannounced Monday that she will step down on Dec. 14.

Schapiro is one of the longest-serving SEC chairmen, havingserved longer than 24 of the previous 28, according to thecommission. She was appointed by President Barack Obama on Jan. 20, 2009, and unanimouslyconfirmed by the Senate.

“It has been an incredibly rewarding experience to work with somany dedicated SEC staff who strive every day to protect investorsand ensure our markets operate with integrity,” said Schapiro in astatement.

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