In the Margins

SEC issues guidance on cyber disclosures

February 21, 2018

By Securities and Exchange Commission

The Securities and Exchange Commission on Tuesday approved a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents. In a release, SEC Chairman Jay Clayton urged public companies to "examine their controls and procedures, with not only their securities law disclosure obligations in mind, but also reputational considerations around sales of securities by executives." Read the release from the SEC.

 

 

Most Read

Top of the Agenda - Legal
Fund lawyers say Pinnacle case an outlier

When the Securities and Exchange Commission announced earlier this month it was charging a mutual fund adviser, some of its officers, and two independent fund directors ...