Stock brokerages, mutual funds and investment advisers will be required to establish programs to help detect identity theft under new rules adopted by U.S. securities regulators--
SEC adopts identity theft rule in first act by new chairman | Fox Business: "The SEC and CFTC first jointly proposed the rules in February 2012. They require firms to create programs to set up red flags to spot potential identity theft, respond to cases of ID theft and periodically update their programs. The joint rules become final after both the SEC and CFTC sign off. The CFTC's rules would apply to such firms as futures brokerages and commodity trading advisers. "These rules are a common sense response to the growing threat of identity theft to all Americans," White said." (read more at link above)
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