The SEC reopened the comment period on proposed cybersecurity risk management and reporting requirements.
News & Insights
In a set of blog posts, FINRA’s Special Investigations Unit reported that it is prioritizing Russia-related sanctions and evasion tactics, new account fraud, reporting of cyber-events and cyber-enabled fraud, market manipulation and trading-related frauds and Ponzi schemes.
Federal Reserve Board Vice Chair for Supervision Michael S. Barr will lead a review of the supervision and regulation of Silicon Valley Bank following its recent failure.
The SEC Division of Trading and Markets granted no-action relief to a security-based swap dealer, allowing the firm to incorporate "certain annual reports and reviews for the first fiscal year after the Firm’s registration . . . into the reports and reviews for the Firm’s second fiscal year."
The Depository Trust and Clearing Corporation launched a "LIBOR Benchmark Replacement Index" resource to (i) provide users a means to view information on debt securities whose rate is currently based on LIBOR and (ii) establish a central resource depository for information about alternative indices.