In an annual report, the SEC Division of Examinations identified current risks for investors and registrants and highlighted key areas for examination in 2024.
News & Insights
SEC Commissioner Mark T. Uyeda touted the benefits of new technologies for markets, investors and regulators. He argued that "[j]ust because something is new does not mean that regulators should fear it and preclude financial institutions from utilizing it."
SEC Chief Information Officer Pamela C. Dyson will be joining the Federal Reserve Bank of New York as executive vice president, head of the Technology Group, and Chief Information Officer.
Several international regulatory agencies have created the "Global Financial Innovation Network" to collaborate on regulatory issues related to emerging technologies and FinTech development.
FINRA updated the criteria to designate firms for mandatory participation in FINRA's annual business continuity / disaster recovery testing.