SEC Creates New Office for Division of Economic and Risk Analysis
To support the agency with data-driven risk assessment tools for various activities, the Securities and Exchange Commission (“SEC”) has created a new office within its agency’s Division of Economic and Risk Analysis (“DERA”). Announced last week , the Office of Risk Assessment will continue the DERA’s existing efforts of creating effective risk evaluation tools and models, as well as work in collaboration with SEC market experts. Since being established five years ago, the DERA has led the SEC charge to develop risk assessment tools. For instance, the DERA created a broker-dealer risk assessment tool for SEC examiners to allot resources by evaluating a. Read More.
Topics: Division of Corporation Finance "Corp Fin", Division of Economic and Risk Analysis "DERA", Enforcement Division, Financial Reporting and Audit Task Force, Office of Risk Assessment, U.S. Securities and Exchange Commission "SEC"