Potential Terrorist Attacks: Additional Actions Needed to Better Prepare Critical Financial Market Participants

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Our Price: $30.00

Year: 2003
Pages: 111
Binding Paperback

Product Code: 0756733340

Description

Davi M. D’Agostino & Cody J. Goebel. The 9/11 attacks exposed the vulnerability of U.S. fin’l. markets to wide-scale disasters. This report assessed: the effects of the attacks on market participants’ facilities & telecommunications & how prepared participants were for attacks at that time; physical & info. security & bus. continuity practices (BCP) that market participants had in place after the attacks; & regulatory efforts to improve preparedness & oversight of market participants’ risk reduction efforts. Recommends that the SEC work with industry to: develop goals & strategies to resume trading in securities markets; determine sound BCP needed to meet these goals; identify organizations critical to market oper’s. & ensure they implement sound BCP; & test strategies to resume trading. Illus.

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