Tag: SEC proposed cybersecurity rule 2023

The U.S. Securities and Exchange Commission (SEC) has introduced a proposed rule (Release No. 34-97142) aimed at strengthening the cybersecurity framework for broker-dealers, clearing agencies, and other regulated entities. The rule addresses increasing cybersecurity risks by requiring organizations to implement formal cybersecurity risk management policies and procedures, report incidents, and disclose cybersecurity risks and incidents… Read more