SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures

Investment advisers and broker-dealers can expect more scrutiny of their data security from the Securities and Exchange Commission. Our Cybersecurity Preparedness & Response and Investment Management, Trading & Markets teams explore how multiple SEC divisions will be assessing capital market participants’ cybersecurity risk management.

The Securities and Exchange Commission has released new guidance on cybersecurity issues for public companies. A cross-practice team from our Securities Litigation, Cybersecurity Preparedness & Response, and Securities Law Groups examines the new guidance and considers the effects of the SEC’s expectations.