Thursday, March 16. 2023
SEC Reopens Comment Period for Cybersecurity Risk Management Rule Proposal, Amendments for Registered Investment Advisers and Funds
The February 2022 proposal was comprised of new rules and amendments under the Investment Advisers Act of 1940 and the Investment Company Act of 1940 that are intended to both enhance cybersecurity readiness and increase investor confidence in the resilience of investment advisers and investment companies against threats and attacks to cybersecurity. To review the details of this rule proposal, see the Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies reopening notice on the SEC’s website.
The proposal is open for public comment for 60 days after the date of publication of the reopening release in the Federal Register. To submit feedback, interested parties may us the SEC’s internet comment form or send an email to rule-comments@sec.gov with the File Number File No. S7-04-22 in the subject line.
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