As part of the U.S. Treasury Department’s effort to get a bruised and beaten economy back on its feet, the new Office of Financial Stability has named Jonathan Fiechter as interim chief risk officer.

Fiechter is deputy director of the IMF Monetary and Capital Markets Department in charge of financial supervision and crisis management and a former board member of the Resolution Trust Corporation and the FDIC.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...