The Securities and Exchange Commission (SEC) has scheduled an open meeting for later this week. On Wednesday, the Commission will consider new rules for several items.
According to the agenda, the Commission will consider.
- Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure – Division of Corporation Finance
The Commission will consider whether to adopt rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incidents by public companies that are subject to the reporting requirements of the Securities Exchange Act of 1934.
- Conflicts of Interest Associated with the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers – Division of Investment Management; Division of Trading and Markets
The Commission will consider whether to propose new and amended rules under the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 relating to conflicts of interest associated with broker-dealers’ and investment advisers’ use of predictive data analytics in connection with certain investor interactions.
- Exemption for Certain Investment Advisers Operating Through the Internet – Division of Investment Management
The Commission will consider whether to propose amendments to the exemption for internet advisers from the prohibition against registration under the Investment Advisers Act of 1940.
The meeting will take place on Wednesday, July 26, 2023 at 10AM ET and will be live-streamed on the SEC website.
