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The Securities and Exchange Commission has limited resources available to consider rule making. With proposals such as the cybersecurity risk management proposal, it is critical to ensure that appropriate decisions are reached and all comments considered. As SEC decisions move markets.
As the enclosed statement discussed following One reason why the SEC Cybersecurity risk management proposal was moved to later in 2023.
‘A robust deliberative process is an essential component of proper agency action. Because the Commission has limited resources, it can engage in only so many robust deliberative processes at one time’
In this instance 2 SEC commissionaires question the SECs response regarding the Amicus Brief Filing in Murray v. UBS Securities, LLC. An important tenant in the Federal Whistle blower program, effecting protections of Whistleblowers and unfair dismissal.
Ted Dziekanowski
#cybersecurity #cyberriskmanagement #cyberregulation #securitiesandexchangecommission
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