In the Margins

SEC creates cyber unit, task force

September 26, 2017

By Securities and Exchange Commission

The Securities and Exchange Commission has created a Cyber Unit that will focus on targeting cyber-related misconduct and established a retail strategy task force that will implement initiatives that directly affect retail investors. The Cyber Unit will focus the Enforcement Division’s substantial cyber-related expertise on targeting cyber-related misconduct, while the Retail Strategy Task Force will develop proactive, targeted initiatives to identify misconduct impacting retail investors. Read the announcement from the SEC.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Directors see modest pay increase in 2021

Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...

Top of the Agenda - Regulatory
SEC to advisers: Turn over 15(c) documents, info

The Securities and Exchange Commission has begun requesting documentation and information from mutual fund advisers about their funds' 15(c) processes and fees. The Division of Enforcement ...