SEC Division of Investment Management Provides Cybersecurity Guidance to Registered Funds and Advisers

On April 28, 2015, the SEC’s Division of Investment Management issued guidance to registered investment companies (“funds”) and registered investment advisers as part of the SEC’s continuing effort to help navigate entities it regulates through turbulent cybersecurity waters filled with both nation-state hackers and international cyber-criminals. Like previous guidance issued by the SEC to public companies and registered investments advisers, the SEC is seeking to make sure entities under its watch are “keeping their eye” on the proverbial cybersecurity ball by re-emphasizing certain important guidance issued in the OCIE Alert.

View the alert.