• Compliance office makes cybersecurity a priority for 2018

    The SEC’s Office of Compliance Inspections and Examinations (OCIE) is making cybersecurity one of its regulatory priorities for the next year. SEC officials plan to assess how broker-dealers, fund managers, investment advisers and other market participants are managing their cybersecurity risks and the steps they are taking to prevent the loss of data.
  • Clayton says financial regulators need coordinated strategy for digital currencies

    Federal regulators they plan to provide a common set of recommendations to Congress about the legal changes they need to properly supervise the digital currency market. Digital currencies have become a regulatory concern because, in spite of the market’s rapid growth, it is poorly understood, and regulators fear the risk it poses to the broader financial system.
  • Regulatory exemptions for swaps extended another year

    The SEC extended a temporary exemption from certain requirements of the Securities Exchange Act of 1934 for security-based swaps. The commission said that the exemption is necessary “to avoid any potential market disruption” as it finishes its derivatives rules required by the Dodd-Frank Act.
  • Fall release planned for rules to make stock trades more transparent

    The SEC is planning to finalize two rules to make stock trades more transparent by the fall of 2018. One rule would help institutional investors clearly understand stock brokers’ decisions for routing orders to specific trading venues, while the other rule would provide the public with more information about how alternative trading venues operate.