Tag Archives: regulation

SEC Cyber Unit Increases Efforts to Regulate Cryptocurrency

Based on how 2017 ended, entities and individuals in the cryptocurrency markets should expect increased scrutiny from the United States Securities and Exchange Commission (“SEC”) in 2018.  The SEC’s Cyber Unit commenced its first action on December 1, 2017, filing a complaint against defendants PlexCorps and individuals Dominic Lacroix and Sabrina Paradis-Royer.  The SEC’s suit … Continue Reading

The SEC Gets Hacked: What Now?

It was recently revealed that the Securities and Exchange Commission’s (“SEC”) EDGAR database, which is used by public companies to file official documents, was breached.  According to the SEC, trading off of that hacked information may have reaped millions of dollars for the hackers.  While discovering a hack is always startling for a private company, … Continue Reading

House Committee Warns Congress to Set Security Standards

Last week, members of the House Energy and Commerce Committee told Congress that they must set cyber security standards for all devices connected to the internet or else face the possibility of a major cyberattack that could cripple critical infrastructure throughout the United States. This hearing came on the heels of the widespread internet outage … Continue Reading