NYSE unit looks to corner market for regulatory and compliance risk advice
NEW YORK – The risk assessment unit within NYSE Regulation (the regulatory arm of the New York Stock Exchange) is positioning itself to become the primary source of regulatory and compliance risk 'early-warning' for member firms, according to the unit's head, Allison Bishop.
Established at the end of 2004, the unit began operations in 2005 aiming to more proactively assess trends and risks in the securities industry. It seeks to work actively with member organisations to promote best practices in response to new products and changes in industry operations.
To be proactive in its methodology, the unit consults industry experts as well as member firms in an effort to
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