The US Securities and Exchange Commission (SEC) has launched two programmes aimed at handling digital threats and protecting retail investors. One of the programmes, called “Digital Asset Protection”, is designed to help protect investors from cyber attacks by providing them with a range of tools that can be used in conjunction with their existing security "They reflect the division’s continual efforts to pursue new forms of misconduct while keeping a watchful eye out for our Main Street investors”, SEC Chairman Jay Clayton said of the initiatives.
The US Securities and Exchange Commission (SEC) has launched two programmes aimed at handling digital threats and protecting retail investors. The Cyber Unit will focus on market manipulation schemes and dark web activity, while the Retail Strategy Task Force will identify criminal behaviours impacting negatively on retail investors, using analytics to uncover large-scale misconduct. "They reflect the division’s continual efforts to pursue new forms of misconduct while keeping a watchful eye out for our Main Street investors”, SEC Chairman Jay Clayton said of the initiatives.