Cybersecurity: What the Regulators May Do
Cybersecurity is going to be “a ‘hot’ regulatory issue for the foreseeable future,” according to the law firm Sutherland.
Cybersecurity Enforcement Actions May Have ‘Significant’ Fines: Sutherland
An SEC crackdown on cybersecurity is coming, law firm Sutherland Asbill & Brennan predicts, and the penalties could be steep.
SEC’s White: Compliance Pros Acting Lawfully Should Not Fear Enforcement
SEC Chairwoman Mary Jo White aims to reassure CCOs, but an ex-exam chief says "the proof is going to be in the cases they bring."
SEC, DOL Enforcement: Oppenheimer Portfolio Manager Misled Clients
SEC accuses ex-Oppenheimer & Co. portfolio manager of misleading investors about fund returns; DOL orders theater workers' pension trustees to repay more than $2.2 million.
Former SEC Compliance Chief Tells White: Stop Suing Compliance Officers
John Walsh gave new SEC Chairwoman Mary Jo White some blunt advice: stop suing compliance officers “or the future of the profession may be at risk.”
Former SEC Compliance Chief, State Securities Regulator Hit Compliance Hot Buttons
At the FSI OneVoice 2012 conference in Orlando, a panel including John Cronin, securities director for the state of Vermont, and former SEC official John Walsh, focus on the recently announced joint SEC-FINRA effort to examine BD branches.
Former SEC Exam Chief Walsh: SEC Whistleblower Program 'Showing Traction'
The former chief counsel at the SEC's exam division, John Walsh, has formed a Whistleblower Response Team with several of his colleagues to help firms develop whistleblower response programs as the SEC’s 'initiative is beginning to show traction.'
Advisor SRO Would Cost Twice as Much as Funding SEC Exams
The report, conducted by BCG and funded by advisor groups and TD Ameritrade, was released before a House panel vote on a spending bill that included a $136 million increase for SEC funding.
Internal Changes at SEC’s Exam Division
As uncertainty remains in the debate over whether an SRO should oversee advisors—and a new option of using outside auditors for advisor exams in lieu of an SRO was recently thrown into the mix—changes are afoot within the SEC’s exam division.
SEC's Top Compliance Officer Leaving for Private Sector
John Walsh, associate director and chief counsel in the SEC's Office of Compliance Inspections and Examinations (OCIE), plans to retire from the agency at the end of September.