Tag: Cyber Unit

SEC Crypto Cyber – Bloomberg

Notice that it’s all in the Division of Enforcement. As far as I can tell the Division of Writing DeFi Rules continues to have roughly zero dedicated position. The way you will know what SEC’s crypto rules are is that in like five years you will be able to look at a bunch of enforcement actions. Each enforcement action will begin…

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Kristina Littman Named Chief of the Cyber Unit

The Securities and Exchange Commission today announced that Kristina Littman has been named Chief of the Division of Enforcement’s Cyber Unit, a national, specialized unit that focuses on protecting investors and markets from cyber-related misconduct.  Ms. Littman succeeds Robert Cohen, who left the Commission in August 2019. Ms. Littman joined the SEC’s Division of Enforcement in 2010 as a staff…

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The SEC’s Cyber Unit: Friend or Foe to Registered Entities? | Corporate Counsel

Perhaps the biggest question looming over the future of SEC action on cybersecurity is whether the SEC will initiate enforcement actions against public companies, either for failure to disclose material cyberrisks, or failure to timely report a breach. Speaking in February, then acting director (now Co-Director) of the SEC’s Division of Enforcement, Stephanie Avakian, reportedly said that she did not…

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SEC Announces Enforcement Initiatives to Combat Cyber-Based Threats and Protect Retail Investors

Over the past several years, the Enforcement Division has developed substantial expertise in the detection and pursuit of fraudulent conduct in an increasingly technological and data-driven landscape.  The Cyber Unit will consolidate and advance these efforts, and include staff from across the Enforcement Division. Robert A. Cohen has been appointed Chief of the Cyber Unit.  Since 2015, he and Joseph…

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