SEC’s new cyber unit’s main goals revealed

North America United States

Stephanie Avakian, the co-director of the recently created cyber unit – SEC Division of Enforcement –  revealed the new body’s tasks’ scope while speaking at the recent Securities Enforcement Forum.

Avakian said that fraudulent conduct in connection with ICOs will be one of the new cyber unit’s points of focus. The unit’s aim will be to provide protection to the investors and ensure market integrity, Avakian added.

The creation of the new SECs cyber unit targeting illegal activities “in the Dark Web” was announced last month.

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Beatrice Ozanne

Beatrice Ozanne

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