Securities Exchange Commission

On August 30, 2021, the U.S. Securities and Exchange Commission announced it had settled three administrative cases involving a total of eight registered broker-dealers and investment advisers for failures in their cybersecurity policies and procedures.
Continue Reading SEC Charges Investment Advisers and Broker-Dealers with Deficient Cybersecurity Procedures

The U.S. Securities and Exchange Commission recently announced that Pearson plc agreed to pay a $1 million civil penalty in a settlement related to charges that Pearson misled investors about a 2018 data breach resulting in the theft of millions of student records, including birth dates and email addresses.
Continue Reading SEC Sanctions Public Company for Misleading Disclosures About Data Breach