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SEC appoints new chief economist and director of economic and risk analysis division

  • SEC (US Securities and Exchange Commission) Image

Jul 21, 2014

Today, the SEC has named Mark J. Flannery as the chief economist and director of its Division of Economic and Risk Analysis (DERA). He will begin his new post in September 2014, replacing Craig M. Lewis.

DERA was created in 2009 to act as the agency’s economic “think tank.” Its staff has expertise in disciplines including economics, risk analysis, finance, law, mathematics, and statistics. Its recent activities include providing economic analysis for the Commission’s cross-border security-based swap rules and guidance, writing white papers on topics such as over-the-counter trading and the interconnectedness in the credit default swaps market that help the Commission better understand activity in these markets, and providing analysis on enforcement actions involving market manipulation, insider trading, and accounting fraud.

For more information, see the press release on the SEC’s Web site.

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