On February 3, 2015, the SEC's OCIE released a summary of the results from its Cybersecurity Examination Initiative, which examined 57 broker-dealers and 49 investment advisers in order to better determine how these entities address the legal, regulatory, and compliance issues associated with cybersecurity. The summary provides findings regarding these firms' practices and procedures for identifying, addressing, and protecting their networks and trading activities from cybersecurity risks.
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