Although the price of Bitcoin is down nearly 80 percent since January, there continues to be tremendous interest in digital currencies and assets (sometimes referred to as “cryptocurrencies”), and in the potential benefits of...more
10/4/2018
/ Bitcoin ,
Blockchain ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Initial Coin Offering (ICOs) ,
Popular ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
State Securities Regulators ,
Token Sales ,
Virtual Currency
The U.S. Securities and Exchange Commission announced on April 24, 2018 that Yahoo! (now known as Altaba, Inc.) agreed to pay a $35 million civil penalty to resolve claims that it failed to appropriately and timely disclose...more
5/21/2018
/ Cease and Desist ,
Civil Monetary Penalty ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Enforcement Actions ,
Failure To Disclose ,
Hackers ,
Personally Identifiable Information ,
Popular ,
Public Disclosure ,
Risk Management ,
Russia ,
Section 17(a) ,
Securities and Exchange Commission (SEC) ,
Settlement Agreements ,
Yahoo!
On February 21, 2018, the U.S. Securities and Exchange Commission (“SEC”) released interpretive guidance to assist public companies in the proper disclosure of cybersecurity risks and incidents (“New Guidance”) – seven years...more
3/6/2018
/ Administrative Interpretation ,
Board of Directors ,
CEOs ,
CFOs ,
Cybersecurity ,
Disclosure Requirements ,
Division of Corporate Finance ,
Insider Trading ,
New Guidance ,
Publicly-Traded Companies ,
Risk Management ,
Securities and Exchange Commission (SEC)