Office of Financial Research
The Office of Financial Research (OFR) was established by Title I of the Dodd-Frank Act, in order to "improve the quality of financial data available to policymakers and facilitate more robust and sophisticated analysis of the financial system."<ref>Office of Financial Research (OFR). U.S. Department of the Treasury. Retrieved on October 27, 2011.</ref> The OFR, which is housed within the U.S. Department of the Treasury, is working inconjunction with the Financial Stability Oversight Council (FSOC) and regulators such as the SEC and CFTC to standardize data and identify systemic vulnerabilities. <ref>Office of Financial Research (OFR) Frequently Asked Questions. U.S. Department of the Treasury. Retrieved on October 27, 2011.</ref>
The OFR also includes the Research and Analysis Center, which leads, monitors, and disseminates research to support the regulation of financial sector.
In January 2013, the OFR appointed Richard Berner as its first director.
Related Documents: OFR Frequently Asked Questions; Policy Statement on Legal Entity Identifiers