February 28, 2008
Cox Announces Expansion of SEC Office of Risk Assessment
Chair Cox recently announced an expansion of the SEC's Office of Risk Assessment, which was created in 2004 and which is responsible for helping SEC Divisions and Offices develop new ways to anticipate emerging issues and address potential problems in the securities markets. In announcing a new Director, Chair Cox said that the Office of Risk Assessment will see a doubling of its professional staff to provide resources and analytical support to the Divisions of Enforcement, Trading and Markets, Investment Management, and Corporation Finance, as well as the Office of the Chief Accountant and the Office of Compliance Inspections and Examinations.
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