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.
2025-09-15T16:47:00Z By Ruth Prickett
You can already buy a coffee with your phone, but soon you could start a job or buy a house with it. Digital compliance wallets holding certificates and documents on smartphones are gaining traction worldwide.
2025-09-10T23:26:00Z By Ruth Prickett
Delays to the U.K.’s Audit Reform and Corporate Governance Bill and creation of the ARGA regulator have sparked criticism. On Sept. 8, 66 MPs sent a letter to the Prime Minister urging reforms be returned to the Parliamentary agenda.
2025-09-08T05:00:00Z By Oscar Gonzalez
The FTC officially withdrew its appeal in a federal court case over its ban on employer noncompete clauses that it passed last year. The agency, however, says it wants public input regarding the effects of employer noncompete agreements.
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