SEC: Rulemaking

"My reservations stem from the breadth of the rule and the likelihood that it will spawn more consumer notices than are helpful"

"Rapid technological change is now the norm and more frequent cybersecurity incidents and data breaches add additional risks that warrant Commission action to ensure that ...

"The final amendments do not require a financial institution to enter into a contract with its service providers to deliver data breach notices .... This ...

"Under these amendments, covered firms will be required to notify customers of breaches that might put their personal data at risk"

"It is difficult to envision a money laundering concern that should be addressed with these activities, and it is unreasonable to require advisers to implement ...

"The proposed rule is designed to make it more difficult to use false identities to establish customer relationships with investment advisers"

This is the joint SEC/FinCEN proposal that would require SEC RIAs to maintain a CIP or customer identification program

This final rule modernizes the internet advisers' rules to account for the evolution in technology and the investment advisory industry since the initial adoption of ...

The final rule states that human-directed 'client-specific investment advice, even if delivered through electronic means, would not be eligible activity under the Internet Adviser Exemption'

A lot has changed since 2003, especially with technology and the internet, so SEC commissioners have approved a new final rule revising its two decades-old ...