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SEC launching enforcement initiatives on cyber threats, retail investors
September 25, 2017 / 10:26 PM / 2 months ago

SEC launching enforcement initiatives on cyber threats, retail investors

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday it was launching two enforcement initiatives to enhance efforts to address cyber threats and protect retail investors.

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, DC, U.S. on June 24, 2011. REUTERS/Jonathan Ernst/File Photo

“The creation of a Cyber Unit that will focus on targeting cyber-related misconduct and the establishment of a retail strategy task force that will implement initiatives that directly affect retail investors reflect SEC Chairman Jay Clayton’s priorities in these important areas,” the agency said in a statement.

Reporting by Mohammad Zargham; Editing by Eric Beech

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