By
Adrianne Appel2023-06-21T21:45:00
Organizations involved with the U.S. derivatives market must shift out of hack-response mode and into a state of cyber resiliency. If they don’t, a potential proposed rule at the Commodity Futures Trading Commission (CFTC) might force them to get there.
Members of the agency are currently drafting its first cyber resilience rule for swap dealers and futures commission merchants, CFTC Commissioner Christy Goldsmith Romero said Tuesday in remarks delivered at an industry event. The potential proposed rule, which could release “in the next few months,” according to Goldsmith Romero, could seek to make those in the C-suite responsible for ensuring their organizations are prepared for cyberattacks.
The proposal would first need to be approved by the CFTC before being released, said Goldsmith Romero.
2023-06-30T16:15:00Z By Jeff Dale
The Enforcement Division of the Commodity Futures Trading Commission announced it established two new task forces to combat cyberattacks and misuse of technology and environmental fraud.
2023-06-29T21:32:00Z By Adrianne Appel
The No. 1 priority at the Securities and Exchange Commission after organizations are impacted by a cybersecurity incident is that investors receive timely and accurate disclosures, according to Enforcement Division Director Gurbir Grewal.
2023-06-14T17:50:00Z By Neil Hodge
A ransomware attack affecting some of the U.K.’s largest corporations has highlighted once again how exposed organizations can be if the levels of cybersecurity used by their third parties are not as strong as expected.
2025-10-24T18:05:00Z By Adrianne Appel
Nine states are collaborating to write and enforce comprehensive data privacy laws, in an effort to protect consumers across jurisdictions and due to the absence of a broad, federal privacy law.
2025-10-24T16:45:00Z By Oscar Gonzalez
Canada’s financial intelligence agency has issued its largest-ever penalties against a cryptocurrency exchange, a fine of $126 million (CA$176.9 million). The agency said the exchange’s compliance failures represented a “severe breach of Canada’s anti–money laundering framework.”
2025-10-22T18:22:00Z By Adrianne Appel
The New York State Department of Financial Services (NYDFS) wants financial firms to step up their game when it comes to third parties and cybersecurity.
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