August 23, 2017 News

CLIENT ALERT: SEC’s New Alert Emphasizes Strict Compliance to Narrowly Detailed Cybersecurity Policies for SEC Registered Firms

August 23, 2017 – The SEC reiterated its guidance to the financial services industry that cybersecurity policies and procedures must be detailed and narrowly tailored to a firm’s specific business and investment process and strictly complied with.  As cybersecurity continues to be a top priority for the SEC examination staff, guidance will come through enforcement procedures.  Compliance professionals of all regulated firms should consistently be reviewing their firm’s policies and systems and to ensure effectiveness and proper implementation. Click here to read Client Alert analyzing the SEC’s risk alert.