Kristen Mathews

Mar 21, 2024 | jdsupra.com | Carrie Cohen |Kristen Mathews |Nathan Reilly

Columbia Law School Blue Sky Blog - December 2023The New York Department of Financial Services (NYDFS) has finalized amendments (“Amended Regulation”) to its cybersecurity rule (“Cybersecurity Rule”) that applies to financial institutions licensed by the NYDFS. This comes after a series of proposed amendments (see our client alert, 8/30/22).

Jun 20, 2023 | lexology.com | Haimavathi Marlier |Kelley A. Howes |Alex Iftimie |David Lynn |Kristen Mathews

Based on updates to its rulemaking agenda that were released last week, the U.S. Securities and Exchange Commission (SEC) has delayed approval of two cybersecurity rules until at least October 2023. Both proposed rules were released by the agency in early 2022. Cyber Rules for Public CompaniesIn March 2022, the SEC proposed rules on cybersecurity risk management, governance, and incident disclosure by public companies.

Apr 14, 2023 | jdsupra.com | Kelley A. Howes |Haimavathi Marlier |Kristen Mathews

Last month, the SEC took a big step toward strengthening the cybersecurity of financial systems by proposing regulations that, taken together, will require registered investments advisers, broker‑dealers, and all national securities exchanges, among others, to implement additional measures to protect their systems.[1] Since these are proposed rules, there is time for affected companies to comment on them and prepare for their requirements.