Two affiliated broker-dealers settled FINRA charges for lacking reasonable cybersecurity controls at branch offices. The failures resulted in multiple incidents that exposed thousands of customers' personal information.
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The Board of Governors of the Federal Reserve adopted new operational risk management requirements for systemically important designated clearing organizations.
The National Security Division and the Department of Justice requested comment on potential rulemakings related to the implementation of U.S. President Joseph R. Biden's Executive Order authorizing the Attorney General to take actions to prevent the transfer of Americans’ personal data to countries of concern.
U.S. President Joseph R. Biden issued an Executive Order authorizing the Attorney General to take actions to prevent the transfer of Americans’ personal data to countries of concern.
The CFTC extended the comment period until April 1, 2024, for a proposed rule that would require that futures commission merchants and swap dealers establish and maintain an "Operational Resilience Framework."