OCIE Publishes Risk Alert Regarding Cybersecurity Examination Initiative for Registered Investment Advisers and Broker-Dealers
Contributor(s)
Continuing its focus on cybersecurity issues, on September 15, 2015, the SEC’s Office of Compliance Inspections and Examinations (OCIE) published a Risk Alert announcing guidance pertaining to the upcoming second round of cybersecurity examinations aimed at registered investment advisers and broker-dealers, which examinations will involve testing to assess implementation of firm procedures and controls. OCIE stated that its Cybersecurity Examination Initiative is designed to build on its previous cybersecurity exams and guidance, and to assess cybersecurity preparedness in the securities industry, including firms’ ability to protect client information.
More from the Private Equity Blog
Copyright © 2022 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Beijing, Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Miami, Munich, New York, Paris, Princeton, Shanghai, Silicon Valley and Washington, D.C.