SEC Announces an Industry & Markets Fellows Program

The SEC today announced a new effort to identify and assess risks in the financial markets by attracting seasoned industry professionals to the agency's Office of Risk Assessment.  The new Industry and Markets Fellows Program will help the agency expand its ability to oversee complex industry practices and products in today's markets.  The individual fellows who come to the agency through the program will also help familiarize SEC staff with current industry practices and products.

The SEC will immediately begin recruiting candidates with extensive experience in the financial markets, including but not limited to any of the following: trading in equity and fixed income securities, structured products, complex derivatives, financial analysis and valuation, fund management, investment banking and financial services operations. A statement detailing the fellows' qualifications and duties is available on the SEC Web site. The SEC encourages qualified individuals to apply by June 1, 2009.