The SEC clarifies reporting requirements for material cybersecurity incidents under Form 8-K, emphasizing proper use of Item 1.05 for significant events.
Daily Financial Regulation Update -- Friday May 24, 2024 | Paul Hastings LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Last week, Paul Hastings attended the Securities and Exchange Commission (SEC) Speaks 2024 event presented by the Practising Law Institute (PLI) in cooperation with the SEC on April 1.
Commissioners Hester Peirce and Mark Uyeda voted against the measures, arguing the agency lacks the expertise – and perhaps authority – to regulate the cybersecurity decisions of companies at a granular level.