Risk USA: Regulators need different focus to risk managers, says SEC risk adviser

Gregg Berman, SEC

Regulators tend to have different perspectives from bank risk managers, but these disparities are justified by their respective roles, according to Gregg Berman, a senior adviser in the division of trading and markets at the US Securities and Exchange Commission (SEC).

Speaking at the Risk USA conference in New York this morning, Berman noted that risk managers and regulators occasionally don't see eye-to-eye, but said differences in their approaches are necessary. "Regulators have a different