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SEC Forming Cyber Unit

  • Engadget, Tuesday, September 26, 2017 10:09 PM
The Securities and Exchange Commission is forming a Cyber Unit, which will focus its enforcement team on digital offenses. “These include hacks, such as attempts to obtain insider info or to compromise trading platforms and accounts, but that's really just the tip of the iceberg,” Engadget reports. “To start, the SEC will look at fake news when it's used to manipulate the market, such as pumping up a stock price to sell at a higher price.”

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