In the Margins

SEC's OCIE finds cybersecurity problems

August 10, 2017

By Bloomberg

Securities and Exchange Commission staffers discovered at least one cybersecurity issue with the “vast majority” of broker-dealers, investment advisers, and funds they examined between September 2015 and June 2016. The problems included cybersecurity procedures and policies that provided only general guidance to employees and didn’t appear to be enforced by firms, the Office of Compliance Inspections and Examinations said in a risk alert. Read the original story from Bloomberg

 

 

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 ...