PharmaCyte Biotech Inc (PMCB)

[Triple9]

SEC's new Cyber Unit

"The Cyber Unit will focus the Enforcement Division’s substantial cyber-related expertise on targeting cyber-related misconduct, such as:

Market manipulation schemes involving false information spread through electronic and social media

Hacking to obtain material nonpublic information

Violations involving distributed ledger technology and initial coin offerings

Misconduct perpetrated using the dark web

Intrusions into retail brokerage accounts

Cyber-related threats to trading platforms and other critical market infrastructure

The unit, which has been in the planning stages for months, complements the Chairman’s initiatives to implement an internal cybersecurity risk profile and create a cybersecurity working group to coordinate information sharing, risk monitoring, and incident response efforts throughout the agency.

“Cyber-related threats and misconduct are among the greatest risks facing investors and the securities industry,” said Stephanie Avakian, Co-Director of the SEC’s Enforcement Division. “The Cyber Unit will enhance our ability to detect and investigate cyber threats through increasing expertise in an area of critical national importance.”

Over the past several years, the Enforcement Division has developed substantial expertise in the detection and pursuit of fraudulent conduct in an increasingly technological and data-driven landscape. The Cyber Unit will consolidate and advance these efforts, and include staff from across the Enforcement Division.

Robert A. Cohen has been appointed Chief of the Cyber Unit. Since 2015, he and Joseph Sansone have been Co-Chiefs of the Market Abuse Unit. Mr. Sansone will continue to lead the Market Abuse Unit as its Chief."

https://www.sec.gov/news/press-release/2017-176

Be a real shame if someone reported all the accounts posting bogus info about $PMCB to the new SEC Cyber unit...