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SEC Creates New Tech-Focused Enforcement Team
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SEC Creates New Tech-Focused Enforcement Team
On February 20, the SEC announced the creation of its Cyber and Emerging Technologies Unit (CETU) to address misconduct involving new technologies and strengthen protections for retail investors. The CETU replaces the SEC’s former Crypto Assets and Cyber Unit and will be led by SEC enforcement veteran Laura D’Allaird. According to the SEC, the CETU will focus on rooting out fraud that leverages emerging technologies, including artificial intelli…
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