Saturday, December 04, 2010

SEC's Hu Challenges Directors to Understand Risk


The SEC’s Henry Hu expounds on his concept of “decoupling” and the importance of the Dodd-Frank Act at the 11th Annual NACD Directorship 100 Forum this week in New York.

Much like the classic “I Love Lucy” episode featuring Lucy and Ethel becoming overwhelmed by an ever-quickening conveyor belt of chocolates, directors can be left feeling overwhelmed by changes coming at them, said Henry Hu, director of the SEC’s Division of Risk, Strategy and Financial Innovation, the keynote speaker at last night’s NACD Directorship 100 Forum in New York City.

See full Article.