Nasdaq and the New York Stock Exchange would need to immediately alert the Securities and Exchange Commission about significant cybersecurity incidents under a new proposal from the agency.
Commissioners voted to propose the cyber regulation for stock exchanges, brokers and dealers, and other parts of the US securities market at an agency meeting Wednesday where two other related proposals were also issued.
The measures mark the commission’s latest efforts to make the financial sector more resilient to attacks from hackers demanding ransoms and other cyber threats, both in internal systems and in services that financial firms rely on like cloud ...
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