Daily Archives: June 17, 2016, 1:21 pm

Bernard Madoff Investors to Receive Another Payout – Bankruptcy Beat – WSJ

Bernard Madoff’s cheated investors will receive another multimillion-dollar payout, bringing their total recoveries since the collapse of his Ponzi scheme to nearly $9.5 billion. Judge Stuart M. Bernstein of the U.S. Bankruptcy Court in Manhattan on Wednesday authorized the seventh payout to investors in Bernard L. Madoff Investment Securities LLC, court papers show. via Bernard Madoff Investors to Receive Another Payout –…

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Tailored Cybersecurity Programs Remain a Policy and Enforcement Focus for Financial Regulators — OnPoint

Recent pronouncements from U.S. government officials, as well as regulatory actions, have made it clear that ensuring financial institutions’ cybersecurity will be a major priority for the SEC and other regulators charged with safeguarding financial markets. via Tailored Cybersecurity Programs Remain a Policy and Enforcement Focus for Financial Regulators — OnPoint

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Mary Jo White Wants to Read Your Gmail – WSJ

Ms. White probably will go down in history as one of the SEC’s most effective and successful leaders. In its 2015 fiscal year, the agency brought 807 enforcement cases, an unprecedented number, and secured orders directing penalties and disgorgement totaling $4.2 billion, an all-time high. There is no need to conscript Google, Yahoo and others to snoop into Americans’ emails.…

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