SEC rules require more disclosure on risk management

The US Securities and Exchange Commission's new proxy disclosure rules may assist audit committees from taking on too much risk. The new rules require disclosure about how risk supervision is divided among boards and board sub-committees. To learn more about how senior executives can work with their boards on risk oversight, read the COSO report Strengthening Enterprise Risk Management for Strategic Advantage as well as the online articles Who's Minding Risk? and Internal Auditors Urged to Heed New SEC Proxy Disclosure Rules.