In February 2008, when Jonathan Sokobin took charge of the SEC`s Office of Risk Assessment, the agency had hardly a clue about the dominoes that were about to fall. Today, Sokobin and his beefed-up staff aim to help identify - and maybe even prevent - more such surprises.

More evidence of a boomlet in risk-related IT spending; a risk-and-regulation think thank takes shape in London; a political-risk pitch from the New York Stock Exchange; the book on Buffett, Soros and Volcker; and more.

Citigroup brings more risk expertise onto its board; risk outsourcing options; the Turner Review`s international repercussions; and more.