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Category: Rules & Regs

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SEC Dings SolarWinds Victims for Cybersecurity Disclosures

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Last month, the Securities and Exchange Commission settled four enforcement actions against current and former publicly traded companies for making what it deemed “materially misleading” cybersecurity risk disclosures. The cases could all b...

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Could FTC’s Updated Premerger Notification Form Usher Heavier Filing Burden?

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The Federal Trade Commission and Department of Justice Antitrust Division on October 10 announced approval of long-awaited changes to a premerger notification form that provides information used to screen proposed deals. Critics fear updati...

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Cybersecurity Threats to Financial Services Emerge with Growth of AI

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The hit film Terminator 2: Judgment Day cemented Arnold Schwarzenegger’s leading-man status with his portrayal of a reprogrammed T-800 Terminator assigned to help humanity stop the artificial intelligence Skynet from taking over the world....

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Cyber Disclosure Rules Yet to Cause Market Declines Once Feared

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Despite long-simmering dread that the Securities and Exchange Commission’s cybersecurity disclosure rules would cause share prices to plunge, research indicates companies realized only minimal losses after reporting cyber-related incidents....

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SEC Tags DraftKings for Regulation FD Violation

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As the CEO of Boston-based sports gambling operator DraftKings Inc. learned recently, corporate executives are rolling the dice when they discuss their companies on social media. The Securities and Exchange Commission last month announced a...

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