Headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. Photo: Diego M. Radzinschi/ALM The Impact of the SEC's New Cybersecurity Rule on Securitizations
According to the SEC, the proposed amendments are intended to better inform investors about a registrant's risk management, strategy and governance related to cybersecurity and to provide timely notification to investors of material cybersecurity incidents.
May 26, 2022 at 11:30 AM
6 minute read
Federal Government
The U.S. Securities Exchange Commission (SEC) on March 9, 2022 released for comment proposed amendments to its rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance and incident reporting by public companies ("registrants") that are subject to the reporting requirements of the Securities Exchange Act of 1934 (the Proposed Rule). According to the SEC, the proposed amendments are intended to better inform investors about a registrant's risk management, strategy and governance related to cybersecurity and to provide timely notification to investors of material cybersecurity incidents.
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