Cybersecurity and the decline in enforcement activity at the Securities and Exchange Commission were among the topics the agency’s co-directors of enforcement Stephanie Avakian and Steven Peiken touched on during a recent hearing before the House Financial Services Committee’s Subcommittee on Capital Markets, Securities and Investments.
During the hearing, the officials fielded questions about their views on the National Institute of Standards and Technology cybersecurity framework and the agency’s reduction in enforcement activity since 2016.
Find out more about what was discussed during the hearing.