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TronWeekly

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Industry Leaders Challenge SEC Cyber Risk Management Disclosure Rule

  • Leading U.S. financial associations petition the SEC to revise cybersecurity incident disclosure rules.
  • They argue that premature disclosure mandates are harmful and counterproductive.
  • The coalition suggests that existing disclosure frameworks already offer investor protection without increasing systemic risk.
  • The petition asserts that transparency during ongoing incident investigations poses challenges and cybersecurity risks.

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