The Securities and Exchange Commission is creating three specialized offices to ramp up disclosure review and policy operations. One will serve as oversight for disclosure reviews for the largest of financial institutions. This sector will increase SEC reviews of big banks and develop new review techniques to strengthen its review program. The other will be dedicated to reviews and policy-making for asset-backed securities and other structured finance products. The office will lead rulemaking related to structured products, it claims, and will monitor the impact these products have on the secondary market. The final office will review new securities products and capital markets trends and develop recommendations for changes to enhance investor protection. Aside from measuring the risk of these products, this department will be dedicated approving new markets brought to market. The three offices will operate completely separate from one another. The new offices will fall under the Division of Corporation Finance. “These changes will help us focus our resources more sharply on critically important institutions and financial products so we can stay ahead of the curve and better protect investors,” said Meredith Cross, director of the SEC Division of Corporation Finance. Write to Jacob Gaffney. The author holds no relevant investments.