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New Cyber Rules for Investment Funds & Advisers in 2024?

A final rule is planned for an SEC cyber preparedness proposal for investment advisers and funds.
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Given the growing risk of cybersecurity threats, the SEC issued a proposal on February 9, 2022 that would create new rules to enhance cybersecurity preparedness and improve the resilience of investment companies and advisers against attacks. The SEC’s regulatory agenda indicates a final rule is planned before April 2024. This article provides details on the proposal.

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