The FISMA Focus IPD

Cybersecurity is one of the current hot topics of discussion. Regulators here and abroad have expressed concern regarding cybersecurity. Breaches are periodically reported in the media. Now the SEC has brought its first enforcement action centered on cybersecurity. In the Matter of R.T. Jones Capital Equities Management, Inc., File No. 3-16827 (Sept. 22, 2015).

R.T. Jones is a registered investment adviser based in St. Louis, Missouri. The firm has about 8,400 client accounts and $480 million in regulatory assets under management. The firm provides investment advice to retirement plan participants under various agreements with plan administrators and sponsors. R.T. Jones uses an option called Artesys through which clients are offered a variety of model portfolios with a range of investment objectives and risk profiles.