Protecting against cybersecurity with a lock on programs. Source: Shutterstock.

The Securities and Exchange Commission plans to propose at its open meeting on Feb. 9 new cybersecurity rules for advisors, to shorten the settlement cycle for most securities transactions as well as propose amendments to its whistleblower rules.

According to the meeting agenda, the commission will consider whether to propose new rules to address cybersecurity risk management for registered investment advisors and investment companies as well as related amendments to certain rules regarding advisor and fund disclosures under the Investment Advisers Act of 1940 and the Investment Company Act of 1940.


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