Policy Patty Newsletter - May 2024

Hi All!

The Policy Patty Newsletter - May 2024 is now available.

In this month's edition, I cover:?

• Policy Patty SPOTLIGHT Feature: This month, I spotlighted the new DFS Part 500 cybersecurity compliance template. In November 2023, I wrote about the Department's announcement that it?had amended?its?Cybersecurity Regulation, 23 NYCRR Part 500. These amendments will significantly impact how businesses handle cybersecurity, aiming to strengthen their defenses and protect consumer data. This month, the DFS introduced the small firm Part 500 compliance template to help firms comply with their expansive Cyber Regulation. See my summary below for more information on this helpful tool.

• Policy Patty POSTS: There's a compilation of my Policy Patty Posts for the month where I covered the actions or developments involving the following:

·?????? Securities Exchange Commission (SEC)

·?????? Financial Crimes Enforcement Network (FinCEN)

·?????? Federal Trade Commission (FTC)

·?????? Commodity Futures Trading Commission (CFTC)

·?????? Department of Justice (DOJ)

·?????? Financial Industry Regulatory Authority (FINRA)

·?????? Other (various sources)

• Policy Patty Findings -REPORTS AND OTHER INFORMATION: I've included a compilation of reports and other resources that may be relevant to your operations.

You can access the May 2024 edition for a nominal fee by clicking here: Policy Patty Newsletter - May 2024.

Thank you, as always, for your support!

Patty