Cybersecurity Dive February 21, 2025
The reconfigured unit signals a more hands-off approach on digital currencies, but legal experts to not expect major changes in cyber risk disclosure.
Dive Brief:
- The Securities and Exchange Commission on Thursday unveiled a revamped anti-fraud unit to protect retail investors in emerging technologies, reflecting the Trump administration’s evolving approach to cryptocurrency and cybersecurity.
- The Cyber and Emerging Technologies Unit, led by Laura D’Allaird, will have about 30 fraud specialists from across the agency and replaces the Crypto Assets and Cyber Unit. The revised CETU will complement a crypto task force launched in January under the leadership of Commissioner Hester Peirce.
- “The unit will not only protect investors, but will also facilitate capital formation and market efficiency by...
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