Incident Response Plans and Written Information Security Programs Continue to be Essential and Will Need to Be Reviewed. Most sophisticated organizations currently have in place incident response plans. Those organizations...more
7/2/2024
/ Covered Entities ,
Data Breach ,
Gramm-Leach-Blilely Act ,
Incident Response Plans ,
Notification Requirements ,
Personal Information ,
Policies and Procedures ,
Proposed Amendments ,
Recordkeeping Requirements ,
Regulation S-P ,
Securities and Exchange Commission (SEC)
At an open meeting on March 15, 2023, the U.S. Securities and Exchange Commission voted unanimously to propose rule amendments to Regulation S-P (Proposed Rule) and published an accompanying release (Release). The Proposed...more
4/18/2023
/ Cybersecurity ,
Data Breach ,
Financial Institutions ,
Fixing America’s Surface Transportation Act (FAST Act) ,
Gramm-Leach-Blilely Act ,
Investment Adviser ,
Investment Company Act of 1940 ,
Personal Information ,
Popular ,
Proposed Amendments ,
Recordkeeping Requirements ,
Regulation S-P ,
Risk Management ,
Safeguards Rule ,
Securities and Exchange Commission (SEC)
The California legislature recently adjourned its 2022 session without extending several exemptions from the California Consumer Privacy Act of 2018 (CCPA). As a result, due to the California Privacy Rights Act (CPRA)...more
11/21/2022
/ Asset Management ,
California ,
California Consumer Privacy Act (CCPA) ,
California Privacy Rights Act (CPRA) ,
Carve Out Provisions ,
Data Collection ,
Data Privacy ,
Enforcement ,
Expiration Date ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Personal Information ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC)
President Obama signed into law on December 4, 2015 a bill that amended Section 503 in Title V of the Gramm-Leach-Bliley Act (G-L-B Act), with the result that financial institutions – including investment companies and...more