The Enforcement Division of the United States Securities and Exchange Commission (“SEC”) recently released its annual enforcement report (“Report”) for fiscal year 2018. The Report reflects an increased focus on retail...more
11/29/2018
/ Cryptocurrency ,
Cyber Crimes ,
Cybersecurity ,
Enforcement Actions ,
Financial Services Industry ,
Individual Accountability ,
Popular ,
Retail Investors ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Self-Reporting ,
Trump Administration
Blockchain technology (“Blockchain”), also known as Distributed Ledger Technology, stands poised to transform the future of the financial industry. Generally speaking, Blockchain enables the creation of a continuously growing...more
On June 5, 2017 the Supreme Court dealt a significant setback to the Securities and Exchange Commission (“SEC”) by limiting its power to extract ill-gotten profits from securities laws violators....more
6/29/2017
/ Disgorgement ,
Enforcement Actions ,
Financial Services Industry ,
Investment Management ,
Kokesh v SEC ,
Misappropriation ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Statute of Limitations ,
White Collar Crimes
If the New York State Department of Financial Services (“DFS”) has its way, come January 1, 2017, financial services companies that require a form of authorization to operate under the banking, insurance, or financial...more
9/23/2016
/ Banks ,
Breach Notification Rule ,
Chief Information Security Officer (CISO) ,
Covered Entities ,
Cybersecurity ,
Department of Financial Services ,
Financial Institutions ,
Financial Services Industry ,
Information Security ,
Notice and Comment ,
Proposed Regulation