Chief compliance officers (CCOs) at U.S. financial firms need to keep a close eye this year on what the Supreme Court decides about when and how the Securities and Exchange Commission (SEC) should impose disgorgement of illegal profits from violations of securities laws. The high court’s final say on the matter could either spell a […]
CISOs Scurry to Prepare for DTCC’s Approved Two-Hour Cyberbreach Notification
The U.S. Securities and Exchange Commission’s unexpected approval of a two-hour window for participants of Depository Trust Company (DTC), National Securities Clearing Corp. (NSCC) and Fixed Income Clearing Corp. (FICC) to notify the market infrastructures of a potential cybersecurity breach or other data outage has chief information security officers (CISOs) and others at U.S. broker-dealers and […]