Following on from my previous post. The enclosed link is a useful read to gauge the general sentiment associated with the SECs comments on the€¦

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Following on from my previous post. The enclosed link is a useful read to gauge the general sentiment associated with the SECs comments on the Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Presenting a real world view of the proposal, its opportunities, challenges and concerns from industry. It is a surprise that there is little international comment of the proposal, give the record of EU and U.S markets compliance keeping in step.

The comments are worth a quick read given the potential effect of the proposal on covered public entities and foreign issuers. Effects that will create significant regulatory compliance, legal and financial risk for covered boards and their organizations. At a time when there are very few resources in the market place to support compliance.

Ted Dziekanowski Rachel V. Rose, JD, MBA Stephen Pitt-Walker, JD, FGIA Neil Humphreys

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