About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

New Cyber and Emerging Technologies Unit at SEC

Subscribe to our newsletter

The Securities and Exchange Commission (SEC) has established the Cyber and Emerging Technologies Unit (CETU) to address cyber-related misconduct and safeguard retail investors in the evolving tech landscape. This new unit, led by Laura D’Allaird, succeeds the former Crypto Assets and Cyber Unit and comprises around 30 fraud specialists and attorneys from various SEC offices. 

Acting Chairman Mark T. Uyeda emphasized that CETU’s formation aims to protect investors while promoting innovation. He noted that the unit will “root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies.” 

CETU’s priorities include addressing fraud involving emerging technologies like artificial intelligence and machine learning, misuse of social media and the dark web for fraudulent activities, unauthorized acquisition of non-public information through hacking, takeovers of retail brokerage accounts, fraud related to blockchain and crypto assets, ensuring regulated entities comply with cybersecurity regulations, and monitoring public companies’ disclosures concerning cybersecurity. 

This initiative reflects the SEC’s commitment to adapting its enforcement strategies to the rapidly changing technological environment, aiming to foster a secure and transparent market for investors and innovators alike. 

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Non-Financial Misconduct Under SMCR

Non-financial misconduct – encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks to a firm’s culture and operational integrity. Recognizing the profound impact on...

BLOG

FCA Advances Bond CT to Auction Stage; ESMA Confirms fairCT as First EU Bond-CTP

The UK Financial Conduct Authority (FCA) has opened the price auction phase for shortlisted bidders for its bond market consolidated tape (CT), a single, real time feed of post trade bond data drawn from every UK trading venue and Approved Publication Arrangement (APA). The initiative is intended to make bond markets “more transparent, efficient and...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...