Office of Financial Research

As covered in our earlier blog post, the Dodd-Frank Wall Street Reform and Consumer Protection Act establishes the Office of Financial Research (OFR) to collect and analyze U.S. financial data for financial regulators.  The OFR is tasked with, among other responsibilities, supporting the Financial Stability Oversight Council’s oversight of systemic risk, developing tools for

Yesterday, a subcommittee of the House Financial Services Committee held a hearing to discuss cybersecurity and security threats to the financial sector.  The panelists included officials from the Secret Service, Federal Bureau of Investigation, and Department of Homeland Security, as well as representatives from Verizon, Symantec, Bank of America, and public interest organizations.  The panelists