SEC’s Rule 106 Creates Confusion Instead of Standards
SEC’s Rule 106 Creates Confusion Instead of Standards -Stel Valavanis One of the main purposes of the SEC is to ensure that the investing public receives all the information they can and should have to make informed investments. As technology and business practices evolve, so too must the SEC and their latest attempt to adapt to changing times has led to new SEC rules involving cybersecurity and cyber operations. New SEC regulations that went into effect on September 6th (with compliance reporting to begin 90 days later, this December), garnered much attention and comment while they were under consideration and…