In September 2022, the SEC and CFTC fined some of the largest financial services firms in the world approximately $1.8 billion for texting. Specifically, for failing to maintain or preserve “off-channel communications” on...more
On August 30, the Securities and Exchange Commission (SEC) announced settled charges with several investment advisory firms and broker-dealers following email account takeovers. These settlements are the latest in a string of...more
SEC Tells Firms to Stop Missing the Basics on Cybersecurity -
The SEC’s Office of Compliance Inspections and Examinations (OCIE) reported in a recent Risk Alert that many investment advisers and broker-dealers are failing to...more
7/19/2019
/ Broker-Dealer ,
Cybersecurity ,
Data Integrity ,
Data Protection ,
Investment Adviser ,
Notice Requirements ,
OCIE ,
Policies and Procedures ,
Popular ,
Privacy Notice Rule ,
Regulation S-P ,
Regulatory Oversight ,
Risk Alert ,
Securities and Exchange Commission (SEC) ,
Securities Regulation