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Futures Regulator, Broker Settle Lax Cybersecurity Charges

February 15, 2018, Bloomberg Law

Anne Termine is quoted in a Bloomberg Law article regarding the settlement reached with AMP Global Clearing LLC following charges from the CFTC stating that AMP's failure to diligently supervise a cybersecurity vendor resulted in a data breach. According to Termine, cybersecurity is “an area of increasing concern and scrutiny for the CFTC as it goes directly to the core principles of a registered entity, namely to have adequate system safeguards."

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