As technology continues to evolve, it brings tremendous benefit yet significant risk, particularly for those in financial services. Balancing business goals with a sound compliance program can be tricky. That’s where Fairview comes in. Our team of regulatory and cybersecurity experts works with firms to create sustainable, well-documented cybersecurity programs that enable CCOs and investment advisers to utilize new technology, while mitigating risk and maintaining thorough, sound compliance programs.
General Counsel and Executive Vice President; President, Fairview Cyber
Check out our Flash Reports for the latest SEC- and cybersecurity-related news, trends, and insights.
On December 3, 2024, a district court in Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA) and its reporting on Beneficial Ownership Information to the Treasury Department.
On November 13, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued an alert to help financial institutions identify fraud schemes associated with the use of deepfake media (“deepfakes”) created with generative artificial intelligence (“GenAI”).
