SEC Chair Gensler Addresses a New Era of Cyber-Securities Laws
Gary Gensler, Chair of the SEC, signaled a new era of cybersecurity law (and accompanying enforcement) in his keynote address “Cybersecurity and Securities Laws” on January 24, 2022, at the Northwestern Pritzker School of Law’s Annual Securities Regulation Institute. Noting the ever-increasing risk of cyberattacks on the securities markets, Gensler identified new and expanded SEC initiatives and proposals to address those risks. The overall message was clear: under his direction, the SEC will seek to bolster data privacy and cybersecurity requirements, and to enhance its reporting and disclosure regime for cyber risks and cyber events.
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