NYSE Reg creates risk unit

NYSE Regulation Inc. has named Fredric M. Krieger to lead its new Risk Group.
The group will be responsible for identifying, tracking and addressing key external market and industry trading developments that require regulatory responses, in addition to internal areas of risk.
He will report to Robert A. Marchman, the executive vice president of the enforcement and risk division.
Mr. Krieger was most recently managing director of Riverview Capital Holdings, a private investment firm based in Edgewater, N.J.
He has also held a series of positions at New York-based Citigroup Inc. and its predecessor firms, and was a senior vice president at Charles Schwab Corp. in San Francisco.
He began his career as an attorney in the Trial Unit of the Securities and Exchange Commission’s Division of Enforcement.