September 17, 2025
What Happened?
The SEC announced it will host a webinar regarding the adoption of Amended Regulation S-P for large firms on Sept. 25, 2025, at 1:00 pm ET. The webinar is part of a series of three events regarding the amendments. The other two events, for transfer agents and small firms, will be announced at a later date.
During the webinar, staff from the Divisions of Examinations, Investment Management, and Trading and Markets will cover the new Regulation S-P compliance obligations, discuss what to expect when interacting with an exam team during an examination, and answer any remaining compliance questions.
What Does This Mean for Me?
This announcement reinforces the idea that Amended Regulation S-P will not be postponed. If you are a larger firm ($1.5B or more of AUM), you need to begin preparing for compliance as soon as possible to be on track for the December 3, 2025, compliance deadline.
During the webinar, staff will likely discuss some of the most challenging aspects of the amendments, such as holding vendors to the 72-hour notice requirement after discovering a breach, implementing a written incidence response plan, and notifying customers within 30 days of becoming aware of unauthorized access to customer information.
Our team provides full support for Amended Regulation S-P. If you need help, let us know.
