Daily News

GOP lawmaker introduces bill to shore up cybersecurity at the SEC after recent hack

October 06, 2017 |
Maggie Miller
Bookmark and Share

Rep. Warren Davidson (R-OH) has introduced a bill intended to shore up cybersecurity practices at the U.S. Securities and Exchange Commission after a breach in September, amid expectations that the measure could advance this fall.

The Market Data Protection Act, introduced Thursday and referred to the House Financial Services Committee, directs the SEC to develop and implement cybersecurity protocols to mitigate possible cyber threats.

The bill specifically directs the SEC, the Financial Industry Regulatory Authority, and contractor Thesys Technologies...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on cybersecurity policy under the Trump administration.

Log in to access this content.