Securities and Exchange Commission chairman Mary Schapiro express important that the action on a stock frank. Chairman schapiro said the libel make markets more transparent, stable and efficient. From George Washington University Law school, and this is 45 minutes. Good morning. I am paul berman, 19 of the law school as art said and i want to welcome you to this conference and obviously welcome Mary Schapiro, chairman of the securities and Exchange Commission. So one of the things that i think makes this law school, the George Washington University Law school distinctive and different from other top law schools is the degree to which we are integrated into the real world of law and policy practice in this country. So one of the things we are always striving to do this not be an ivory tower Academic Institution solely, but also one that is always trying to engage the practicing bar, people from corporations, people who are not lawyers in the educational enterprise and also when Public P