Last week, the Chair of the Securities and Exchange Commission Gary Gensler discussed the SEC’s cybersecurity policy work and publicized ongoing SEC regulatory efforts that could affect public companies, SEC registrants, and financial sector service providers.
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), signaled a new era of cybersecurity law (and accompanying enforcement) in his keynote address “Cybersecurity.
In a speech to the Securities Regulation Institute conference last week, Chair Gary Gensler signaled
the SEC may implement more stringent cybersecurity regulations
A significant expansion of rules relating to cybersecurity risks - particularly for the financial sector - is under consideration by the Securities and Exchange Commission (SEC). .
For service providers that work with SEC registrants, Mr. Gensler noted the variety of providers that have access to registrant data, though they may not themselves be registered with the SEC.