Operational risk issues in the broker-dealer sector
Broker-dealers face significant operational risks, especially when they allow customers direct access – Marcelo Cruz discusses the threats to a critical part of the financial industry
Continuing my series of articles on operational risk in different financial industries, this month I would like to discuss the operational risk profile and outlook at broker-dealers. This sector is one of the most interesting for operational risk practitioners. Although we obviously need to consider that individual risk profiles would vary significantly between institutions given their different
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