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Expert Analysis

The SEC Data Breach And Impact On New Reporting Rules

By Jeanette Turner (October 4, 2017, 1:02 PM EDT) -- 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....

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