Regulatory Outlook | 07.29.20
SEC Creates Special Exam Team for Market Events and Emerging Risks
The SEC has launched a special team within its exam office to deal with market events and emerging risks, the agency said Tuesday. The Event and Emerging Risks Examination Team will work within the Office of Compliance Inspections and Examinations and work with financial firms on emerging threats and current market events. "As recent events have demonstrated once again, market and operational risks can emerge suddenly," SEC Chair Jay Clayton said. "We should be working to increase our ability to react, including bringing our various resources to bear to these situations."
Read the full article on Pensions & Investments.