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Jessica Wachter Named SEC Chief Economist And Director Of The Division Of Economic And Risk Analysis Date
03/05/2021
The Securities and Exchange Commission today announced that Jessica Wachter has been appointed Chief Economist and Director of the Division of Economic and Risk Analysis (DERA). Wachter joins the SEC from the Wharton School, University of Pennsylvania, where she has been a professor since 2003. For centuries, capital markets have evolved by adapting to technological innovation and the emergence of new data sources, said SEC Chair Gary Gensler. It is essential that we apply rigorous economic analysis to ensure that our policymaking, enforcement decisions, and examinations are informed by the data we have available to us. Jessica Wachter is an exceptional economist who has completed wide-ranging research on issues critical to the SEC s mission. The Commission and the capital markets will benefit from her extensive experience and stellar track record in the fi