Cybersecurity: SEC is starting to scrutinize registrants’ practices
Abstract
Purpose
To alert broker-dealers to the SEC’s plans to examine their cybersecurity practices, and offer advice on compliance.
Design/methodology/approach
Reviews the SEC’s proposed cybersecurity framework and provides suggestions for broker-dealers to address and respond to these proposals.
Findings
The SEC is still focused on gaining more information about the state of the cybersecurity industry in the broker-dealer context.
Practical implications
Broker-Dealers should review the framework and prepare to be flexible and responsive to changing guidelines that may emerge.
Originality/value
Breaks down the SEC guidelines in plain English and analyses the import of these guidelines. Offers practical advice for compliance.
Keywords
Acknowledgements
© 2014 Morrison & Foerster, LLP
Citation
A. Nathan, D. and J. Greismann, L. (2014), "Cybersecurity: SEC is starting to scrutinize registrants’ practices", Journal of Investment Compliance, Vol. 15 No. 4, pp. 4-6. https://doi.org/10.1108/JOIC-07-2014-0029
Publisher
:Emerald Group Publishing Limited
Copyright © 2014, Authors