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SEC's Mary Schapiro One-on-One

Monday, 7 Nov 2011 | 2:40 PM ET

Mary Schapiro, SEC chairman, answers whether regulators fell down on the job getting to the point where MF Global failed. "Let's remember that MF Global's decisions were MF Global's decisions about how to invest and what risks to take," she says. "Their failure is a result of those decisions."