· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks on Cybersecurity and Securities Laws at the Northwestern University Pritzker School of Law
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler argues that hacking incidents at brokers and funds are a matter for market regulators.
Problems raised
- Cyber incidents threaten critical operations.
- Investors lack cyber risk information.
- Cyber hygiene is uneven.
Solutions proposed
- Propose cyber rules for registrants.
- Improve disclosure to clients and investors.
- Give the SEC insight into cyber risks.