The Office of Financial Research (OFR) was established within the Department of the Treasury under Sec. 152 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111-203). The OFR was created to improve the quality of financial data available to policymakers and facilitate more robust and sophisticated analysis of the financial system. To execute these functions, the OFR has two primary operational centers: a Data Center to standardize, validate, and maintain the data necessary to help regulators identify vulnerabilities in the system as a whole, and a Research and Analysis Center to conduct, coordinate, and sponsor research to support and improve operational simplicity.
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The Department of the Treasury (Department), with the concurrence of the Director of the Office of Government Ethics (OGE), is establishing a new chapter in Title 12 of the Code of Federal Regulations to incorporate certain post-employment prohibitions that apply to employees of the Office of Financial Research (OFR). The Dodd- Frank Wall Street...