Senators Want More out of SEC Plans to Address Cyberattacks

Nextgov - A bipartisan letter from a handful of notable senators to the Securities and Exchange Commission points to a potential disconnect over how to protect companies, and individuals, from cyberattacks. The expectant letter came one day before the SEC proposed a rule requiring certain registrants—investment funds and advisors—to write and implement cybersecurity policies to protect their customers from related harm, disclose any recent cybersecurity incidents on their brochures and to report such incidents along with related records to the commission.

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