June 20, 2023
The SEC’s Cyber Risk Management Proposal is slated for final action in October 2023 according to the SEC’s regulatory calendar. The final regulation was initially expected to be released in April 2023, but that date was delayed due to the comment period reopening. The SEC highlighted that by reopening the comment period, market participants were provided a chance to comment on recent regulatory developments, such as the outsourcing proposal and the proposed Reg S-P amendments.
For further information on the Cybersecurity and Risk Management Rule, see some of Fairview’s earlier flash reports:
For a complete list of the SEC’s proposed compliance- and cyber-related rules, click here.
If you need support preparing for the finalization of the Cybersecurity and Risk Management Rule, Fairview Cyber can help. Fairview Cyber offers turnkey solutions that address SEC requirements for cybersecurity, and our team of regulatory experts are available to answer any questions you may have regarding the rules. To learn more, visit our Cyber Solutions page or contact us if you’d like to speak to one of our regulatory experts.