Two major government agencies have issued reports addressing security of brokerage and advisory firms, and two U.S. Senators have declared their intention to expand cyber-security laws into automobiles. In February, the SEC released two major publications (
here and
here) regarding risks for brokerage and advisory firms, as well as adjusters. The Financial Industry Regulation Authority (FINRA), a private corporation managed by financial industry insiders and billed as the self-appointed “regulator” for NYSE and NASDAQ, has issued a
report to assist broker-dealer firms with…
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