FANDOM


Citation Edit

Securities and Exchange Commission, Division of Investment Management, Cybersecurity Guidance ("Guidance Update"), IM Guidance Update No. 2015-02 (Apr. 2015) (full-text).

Overview Edit

The SEC's Division of Investment Management guidance states that an investment fund that cannot repay shareholders because of a cyberattack risks violating federal securities laws. The guidance recommends that advisors and funds conduct periodic assessments, have a cybersecurity strategy, and have written policies and procedures to mitigate cyberattacks.

The Guidance Update sets forth a three-step approach for registered advisers and investment companies:

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.