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Guidelines for cybersecurity disclosures from the SEC

The Securities and Exchange Commission unanimously voted to adopt cybersecurity interpretive guidance. Designed to assist public companies in preparing disclosures, the guidelines encourage robust disclosure regarding risks and incidents. In addition to information about lawful disclosure obligations, the guidance addresses the importance of company policies and procedures for cybersecurity threats.

SEC halted trading on 3 companies involved in cryptocurrency

In mid February, the Securities and Exchange Commission (SEC) suspended trading for three companies in relation to cryptocurrency and blockchain technology. The SEC initiated the suspension after questions about the companies’ operations and asset valuation arose.

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