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Sweeping New York State Financial Regulations Set To Lead Nation In Cybersecurity

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Mark Melin
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New cybersecurity regulations set to be implemented by the New York Department of Financial Services (DFS) are likely to have a wide influence and are noted for being tougher than federal regulations. In fact, some of the accountability components of the regulations are reminiscent of the Sarbanes-Oxley act in that those in the C-Suite are held responsible. ValueWalk reported on these regulations as they were being developed.

Sweeping New York State Financial Regulations Set To Lead Nation In Cybersecurity
Source: Pixabay

As major hacks target the nation's most important systemic financial institutions, New York State imposes tough...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.