Regulatory Alerts2023-03-21 | 2023-05766Added
Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies; Reopening of Comment Period
The Securities and Exchange Commission is reopening the comment period for proposed rules requiring registered investment advisers and funds to implement cybersecurity policies, disclose risks, and report significant incidents. This action extends the deadline to May 22, 2023, to allow stakeholders to analyze the proposal in light of related regulatory developments concerning broker-dealers and market infrastructure. The original comment period for these cybersecurity risk management requirements concluded on April 11, 2022.
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