MIL-OSI USA: Statement on Proposal for Mandatory Cybersecurity Disclosures
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Statement On Proposal For Mandatory Cybersecurity Disclosures, SEC Chair Gary Gensler, March 9, 2022
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<p><span>Today, the Commission proposed to shorten the deadlines by which beneficial owners of a company — those who own at least 5 percent of the company — have to inform the public and other investors of their position. I am pleased to support this proposal because it would update our reporting requirements for modern market, reduce information asymmetries, and address the timeliness of two key filings.</span></p>