• Rapid growth in distributed ledger (i.e., blockchain) technologies and cryptocurrency markets;
• Cyber threats in securities markets that have continued to increase in both frequency and sophistication.
“These types of industry developments and financial innovation will continue to present challenges to the staff, requiring additional staff expertise, resources, and a program that is agile, responsive, and continuously improving,” the SEC said in its FY 2019 Congressional Budget Justification and Annual Performance Plan.