Statement On The Proposed Amendments To Regulation S-P: Privacy Of Consumer Financial Information And Safeguarding Customer Information, SEC Commissioner Mark T. Uyeda March 15, 2023
<p><span>Thank you, Chair Gensler, and thank you to the staff for their presentations. Today, the Commission considers three separate, but related proposals. In discussions with the staff, the three proposals have been described as having different objectives and not being limited solely to cybersecurity. Despite that view, each proposal places a significant focus on cybersecurity. In fact, that term is mentioned over 250 times in the Regulation S-P and Regulation SCI proposals, and over 2,000 times in the cybersecurity risk management proposal. However, the Commission has provided...