Social media in SEC’s crosshairs

The Securities and Exchange Commission has issued further guidance on the use of social media by investment advisers. As reported by InvestmentNews on Sept. 6, the guidance came with the release of the final Form ADV and Investment Advisers Act rules, and it includes a mix of good and not-so-good news. The good news: It […]

U.S. commodities, derivatives regulator adopts new cybersecurity rules

U.S. commodities and derivatives firms, including exchanges and clearinghouses, would have to frequently test their information technology for vulnerabilities under final rules approved Thursday by the Commodity Futures Trading Commission (CFTC). The CFTC’s rules are intended to promote flexibility as hacking methods evolve, and to help firms stay up-to-date on the best responses to cyber […]

CFTC imposes cybersecurity rules for U.S. commodities, derivatives firms

The Commodity Futures Trading Commission (CFTC) Thursday approved a set of rules that will require frequent testing of information technology at U.S. commodities and derivatives firms, including exchanges and clearinghouses. Systems will undergo vulnerability testing,penetration testing, controls testing, security incident response testing, and enterprise technology risk assessment, according to a government fact sheet. Key elements […]