Here’s What the SEC Says Is the Financial System’s Biggest Threat

The worldwide financial system faces many threats, but there is one in particular that has Securities and Exchange Commission (SEC) chair Mary Jo White especially concerned.

Speaking at the Reuters Financial Regulation Summit on Tuesday, White said that the biggest threat facing financial systems both in the U.S. and abroad is cybersecurity. She noted that while major stock exchanges and clearing houses, among other financial entities, tend to be aware of the risks they face, they generally...

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