DERA

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The SEC Division of Economic and Risk Analysis (DERA) was created in September 2009 to integrate financial economics and data analytics into the core mission of the SEC. The division is involved across the entire range of SEC activities, including policy-making, rule-making, enforcement, and examination.[1] It was previously known as the division of risk, strategy, and financial innovation, and was created after the agency failed to detect Bernard Madoff's massive fraud and the financial crisis.[2]

References[edit]

  1. About the Division. SEC Division of Economic and Risk Analysis.
  2. U.S. SEC chief economist set to leave in spring: letter. Reuters.