SEC Proposes Substantial New Cybersecurity Requirements for Investment Advisers and Companies

Litigation attorneys Scott Mascianica and Shardul Desai co-authored an article in Pratt's Privacy & Cybersecurity Law Report about U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent speech directing the agency to expand cybersecurity requirements on regulated entities. The authors provide a summary of the new cybersecurity requirements in rules proposed by the SEC for investment advisers, investment companies and business development companies, as well as offer some key takeaways.

READ: SEC Proposes Substantial New Cybersecurity Requirements for Investment Advisers and Companies