SEC's Oversight of Bear Stearns and Related Entities: Broker-Dealer Risk Assessment Program, Report No. 446-B

摘要

The purpose of the Broker-Dealer Risk Assessment program is for staff in the Division of Trading and Markets (TM) to assess the risks to registered broker-dealers that may stem from affiliated entities, including holding companies and keep apprised of significant events that could adversely affect broker-dealers, customers and the financial markets. TM tracks the filing status of the 146 broker-dealers that file 17(h) documents with the Commission, but only reviews in detail the filings from six prominent firms, because they have a significant number of customer accounts and TM has, therefore deemed them to be material firms.