Tag: SEC
The impact of SEC’s cybersecurity disclosure changes on public firms
The US SEC has made significant clarifications regarding its new cyber incident disclosure rules, which came into effect yesterday.
Sustainable success: Impact investing’s rising potential in 2023
Position Green's US team recently participated in PEI’s inaugural Impact Investor Summit North America. The conference provided a platform for deep discussions on the current state and future of impact investing in 2023, exploring the challenges and opportunities in financing, along with the changing disclosure and regulatory frameworks.
BIO-key International prices public offering at $3.75m
BIO-key International, an avant-garde in workforce and customer Identity and Access Management (IAM) solutions, recently announced the pricing details of its latest public offering.
Recordkeeping enforcement reaches brokers, advisors and credit rating agencies
The wave of recordkeeping enforcement actions in the finance sector has now expanded to brokers, investment advisers, and credit rating agencies. Leading this charge...
Uniting GRC and cybersecurity: A strategic imperative for risk management in...
GRC (Governance, Risk, and Compliance) and cybersecurity symbiotically support and reinforce each other in safeguarding an organisation’s digital and regulatory landscapes. Integrating cybersecurity into...
Navigating SEC’s marketing rule: Essential insights from recent Risk Alerts
The SEC has always been at the forefront of regulating firms, ensuring they maintain good marketing practices. Its risk alerts play an instrumental role, offering firms the much-needed guidance to prepare for impending examinations.
Goldman Sachs settles $6m SEC penalty for incomplete blue sheet submissions
Goldman Sachs & Co. has settled charges with the Securities and Exchange Commission (SEC) for neglecting to supply comprehensive and precise securities trading details, otherwise known as blue sheet data. The prominent financial institution has consented to a penalty of $6m to conclude the SEC's allegations.
Regulatory penalties for global financial institutions see sharp decline in H1...
Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).
The hammer drops: SEC and CFTC impose huge fines for regulatory...
UK-based RegTech Custodia has provided an outline of the recent heavy fines plastered on FinTechs by the SEC and CFTC.
The importance of eComms recordkeeping in FinTech
In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.
