Daily Archives: March 26, 2020, 3:38 pm

Cybersecurity and Fraud Risks for Fund Managers in the Wake of Coronavirus | Proskauer – The Capital Commitment – JDSupra

COVID-19 has created many new concerns for private fund managers; however, managers should be particularly mindful of heightened cybersecurity and fraud risks. With increased numbers of employees teleworking, there are increased vulnerabilities for cybercriminal intrusions creating privacy-related risks for fund portfolio information, LP confidential data, and other sensitive electronically-stored materials. via Cybersecurity and Fraud Risks for Fund Managers in the…

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How the SEC Enforcement Division Responds to a Crisis | Davis Polk & Wardwell LLP

The SEC has expressed its intent to respond proactively to the impact of the coronavirus on capital markets and investors. Risks to investors can become heightened during a market downturn, and we expect that the Enforcement Division will concentrate resources on certain types of investigations, including potential: (1) material misrepresentations and omissions about the impact of the coronavirus on public…

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