Unknown Threat? Despite being aware of the issue, businesses continue to ignore real-world threats
Due to enduring political, social, and economic challenges, such as Supreme Court rulings on gun crime, diversification, equity, and inclusion, the war in Ukraine, return-to-office (RTO) orders, and the ongoing Covid-19 crisis, U.S. firms are now confronting a greater number of dangers. Physical security, cybersecurity, IT, human resources, and legal and compliance executives believe inContinue reading “Unknown Threat? Despite being aware of the issue, businesses continue to ignore real-world threats”
How the SEC Hampered Efforts by Bank Authorities to Oversee Cryptocurrency Custody
Banks have been waiting for their regulators’ anticipated instructions on how to retain electronic assets on behalf of their clients for months, but the discussion has suddenly become much trickier. Many SEC registrants that hold cryptocurrency assets for their clients are required to report that risk as a liability on their financial statements according toContinue reading “How the SEC Hampered Efforts by Bank Authorities to Oversee Cryptocurrency Custody”
Recent SEC Charges Indicate CCOs Are the Target
The SEC’s prosecution of chief compliance officers is still a contentious and sensitive issue. Questions about the function of CCOs and the criteria the SEC employs in disciplining them may become even more complicated considering a recent announcement of an imposed settlement with a financial advisory firm and its CCO. Two partners at Eversheds SutherlandContinue reading “Recent SEC Charges Indicate CCOs Are the Target”