Technicians will be responsible for the security sector ICO.
In the framework of the fight against cybercrime Commission securities and exchange Commission (SEC) will create a unit which, in particular, will be engaged in counteraction to the violations related to the technology of distributed registry and the sphere of primary distribution of coins (ICO).
This was reported on the website of the Department.
As reported in a press release, the new division will be headed by the former co-head of the Department for combating market abuse SEC Robert Cohen. The new structure will also focus on issues that, in the opinion of the Commission, often associated with cryptocurrencies, namely, market manipulation, and theft of confidential information.
SEC stores a large amount of sensitive information that can be used for insider trading or manipulation of the financial market. The Commission’s database, EDGAR, contains a huge array of information about the companies, ranging from quarterly earnings and ending statements about mergers and acquisitions.
Less than a week ago hackers broke into a corporate database c SEC for trading on insider information. The assurance of the regulator, the problem has not affected the important information and not compromising ongoing operations.
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