Thursday, March 16. 2023

SEC Proposes New Requirements to Mitigate Cybersecurity Risks to the US Securities Markets

On March 15th, the SEC proposed a new rule and form as well as amendments to current recordkeeping rules that would strengthen the SEC’s ability to obtain data concerning significant cybersecurity incidents that affect market entities. The SEC is also proposing new rules regarding public disclosure requirements for covered entities that are intended to enhance transparency about the cybersecurity risks that may negatively impact the US securities markets. These disclosures would be in a structured data format. Continue reading "SEC Proposes New Requirements to Mitigate..." »
Posted by
LeAnn Dey
in Investor Education, SEC at 17:55

SEC Reopens Comment Period for Cybersecurity Risk Management Rule Proposal, Amendments for Registered Investment Advisers and Funds

On March 15th, the SEC reopened the comment period for proposed rules and amendments related to cybersecurity risk management and cybersecurity-related disclosure for registered investment advisers, registered investment companies, and business development companies. The rules and amendments were initially proposed by the SEC on February 9, 2022, with a comment period that ended on April 11, 2022. Continue reading "SEC Reopens Comment Period for Cybersecurity..." »
Posted by
LeAnn Dey
in Information Technology, Investor Education, SEC at 08:55

Wednesday, March 15. 2023

SEC Proposes Revisions to Regulation S-P to Improve Protection of Consumer Information

On March 15th, the SEC proposed enhancements to Regulation S-P, the regulation which protects the privacy of consumer financial information. The proposed changes would require covered institutions (broker-dealers, investment companies, registered investment advisers, and transfer agents) to keep affected individuals apprised of certain types of data breaches that may put them at risk. Continue reading "SEC Proposes Revisions to Regulation S-P to..." »
Posted by
LeAnn Dey
in Investor Education, SEC at 15:08

Wednesday, March 08. 2023

FERC Adopts New Extreme Cold Weather Reliability Standards

The FERC has adopted two new extreme cold weather reliability standards intended to implement key recommendations from the joint inquiry into 2021’s Winter Storm Uri to prevent severe power outages like those that affected millions of customers in Texas and the South Central states. Continue reading "FERC Adopts New Extreme Cold Weather..." »
Posted by
LeAnn Dey
in FERC, Investor Education at 17:03

SEC Updates PAUSE List of Firms Using Misleading Information to Solicit Investors

On March 7th, the SEC announced that it has revised its list of unregistered entities that use inaccurate data to solicit mainly non-US investors. This update includes 96 soliciting entities, three impersonators of real firms, and five bogus regulators. Continue reading "SEC Updates PAUSE List of Firms Using..." »
Posted by
LeAnn Dey
in Investor Education, SEC at 08:20
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