SEC Announces Creation of New Office within Division of Economic and Risk Analysis

The SEC announced the creation of a new office within the Division of Economic and Risk Analysis (“DERA”) that will coordinate efforts to provide data-driven risk assessment tools and models to support a wide range of SEC activities. 

According to the SEC, the Office of Risk Assessment will continue to develop and use predictive analytics to support supervisory, surveillance and investigative programs involving corporate issuers, broker-dealers, investment advisers, exchanges and trading platforms.  It will also support the SEC’s ongoing work related to FSOC. 

The SEC stated that staffing for the new office will be drawn from across DERA, but that it will seek a new assistant director to head the office. 

See: SEC Press Release


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