Founder and President Amy Lynch was recently interviewed on Yahoo! Finance’s streaming live show, “On The Move.” Responding to questions on customer account cyber attacks – highlighted by recent hacks of Robinhood accounts – Ms. Lynch discusses how the current regulatory environment to protect customer information is without a SEC rule specifically for firm requirements on cybersecurity policies and compliance. However, she states that the SEC has conducted targeted exams in this area, and she expects the SEC to move closer to a rule proposal in the near future.
View the interview video, Yahoo! Finance On The Move, “Why Robinhood’s lack of urgency over hacked accounts remains problematic for users”
