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- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
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- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Rudy Giuliani ‘Given’ a Purpose in Life - Cybersecurity
Rudy Giuliani, who runs a security consulting firm, was selected by president-elect Donald Trump to hold private industry meetings on cybersecurity preparedness, though details on which companies may be involved were left unsaid. In an announcement on Fox & Friends, Giuliani said he would be in charge of coordinating the group, and added:
"The president-elect decided that he wanted to bring in, on a regular basis, the people in the private sector, the corporate leaders in particular, and thoughts leaders in the private sector, who are working on security for cyber, because we're so far behind."
Trump’s transition team said "it is contemplated" that the president-elect's team will hold meetings with "companies which have faced or are facing challenges similar to those facing the government and public entities today," including hacking and other security threats.
The transition team announced that the "attendees may or may not change from session to session," although the group's agenda would. While Giuliani's TV announcement seemed to say the group would be made up of security companies, the transition team announcement suggested it could include companies that have themselves been targets.
"The President-elect's intent is to obtain experiential and anecdotal information from each executive on challenges faced by his/her company, how the company met the challenges, approaches which were productive or successful, and those which were not."