Regulatory Alerts2022-03-09 | 2022-03145Added
Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies
The Securities and Exchange Commission proposes new rules requiring registered investment advisers and funds to adopt written cybersecurity policies and procedures. The proposal mandates the reporting of significant cybersecurity incidents to the Commission and introduces amendments to enhance disclosures regarding cyber risks and incidents. Additionally, the document outlines new recordkeeping requirements to support these regulatory changes.
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