The SEC Data Breach And Impact On New Reporting Rules

The U.S. Securities and Exchange Commission disclosed recently that its Electronic Data Gathering, Analysis and Retrieval (EDGAR) system, a comprehensive database of filings by public companies and other industry participants, was hacked in 2016 and that the intruders may have traded on the information. The announcement comes on the heels of the mutual fund industry requesting revisions to new SEC rules and reporting requirements, partly due to significant concerns over cybersecurity at the SEC.

The EDGAR breach perfectly illustrates those concerns at the same time that…

The full article can be accessed on the Law360 website.


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CSS frequently publishes blog posts which are written by our team from their observations in the field, at conferences and through experiences with compliance professionals. These posts are designed to further knowledge and share industry best practices. Topics run the gamut, including Form ADV, cybersecurity, MiFID II, position limit monitoring, technology challenges and more. Complete and submit the brief form below to receive notifications when we publish new content.

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