The Securities and Exchange Commission has charged Kim Kardashian $1.26 million in penalties, disgorgement, and interest. For touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. The…
NIST 171 is relatively straight forward to align to other control frameworks and will have to align to other standards if the SEC cyber proposal move ahead. Public Prime defense contractors will be required to implement cybersecurity risk management and…
The Securities and Exchange Commission charged Boeing and its former CEO $200M and $1M respectively with making materially misleading public statements and negligently violated the antifraud provisions of federal securities laws. Following crashes of Boeing 737 Max aircraft in 2018…
Great to support the The Institute of Internal Auditors Inc. this week. We had an important conversation about current internal IT control frameworks such as COBIT, the enterprise risk framework COSO and the developing cyber regulatory environment. A pleasure to…
The SEC has adopted a Pay Vs. Performance ruling. Requiring public companies to disclose how much of their executives compensation is related to financial performance. If the SEC Cybersecurity Risk Management proposal moves ahead, the management oversight and assurance of…
The Securities and Exchange Commission (SEC) has no plans to depart from its current regulatory agenda. If their draft Strategic plan for 2022 – 2026 is delivered. I am always staggered when I read the monies that the SEC provides…
Is more crypto enforcement by the SEC and DoJ on the way. #crypto #enforcement #doj #securitiesandexchangecommission View Original Post
The SEC proposal for cybersecurity risk management, governance, strategy and incident disclosure is getting air time and column inches. What surprises me is the conversations about the timeliness of incident disclosure and content shared with investors, which is important. But…
The SEC continues to implement its regulatory agenda. Proposing rules to improve governance of clearing houses. The proposal aims to establish new governance requirements on board composition, independent directors, nominating committees, and risk management committees. The proposed rule would also…
Ted Dziekanowski an eqeletic mix of comments to the SEC cybersecurity risk management proposal. Many focus on incident reporting and board ownership. Plenty for, plenty against. The response from the Bar Association is worth a read. One wonders which way…
