The Division of Economic and Risk Analysis (DERA) was created in September 2009 to integrate financial economics and rigorous data analytics into the core mission of the SEC. The Division is involved across the entire range of SEC activities, including policy-making, rule-making, enforcement, and examination. Learn more about the Division of Economic and Risk Analysis Learn more

Recent Outreach

Tenth Annual Conference on Financial Market Regulation

SP Kothari speaking

Latest Staff Papers & Academic Publications

  • Tick Sizes and Market Quality: Revisiting the Tick Size Pilot
    Working Paper
  • Chandler Lutz, Lu Han, Ben Sand, and Derek Stacey, 2021, The Effects of a Targeted Financial Constraint on the Housing Market, Review of Financial Studies, Volume 34, Issue 8, August 2021, Pages 3742–3788.
    Academic Publication
  • Stuart Gabriel, Matteo Iacoviello, Chandler Lutz, 2021, A Crisis of Missed Opportunities? Foreclosure Costs and Mortgage Modification During the Great Recession, The Review of Financial Studies, Volume 34, Issue 2, February 2021, Pages 864–906.
    Academic Publication
  • Pre-trade Information in the Corporate Bond Market
    White Paper
  • Jan Jindra, Thomas Moeller, 2020, Time since Targets' Initial Public Offerings, Asymmetric Information, Uncertainty, and Acquisition Pricing, Journal of Banking and Finance, 118(105896):1-21.
    Academic Publication
  • Misconduct and Fraud in Unregistered Offerings
    White Paper

Contact Us

Email: DERA@sec.gov

Phone: 202-551-6600