Tag: Disclosure
SubscribeSEC Dings SolarWinds Victims for Cybersecurity Disclosures
Last month, the Securities and Exchange Commission settled four enforcement actions against current and former publicly traded companies for making what it deemed “materially misleading” cybersecurity risk disclosures. The cases could all b...
Read MoreCyber Disclosure Rules Yet to Cause Market Declines Once Feared
Despite long-simmering dread that the Securities and Exchange Commission’s cybersecurity disclosure rules would cause share prices to plunge, research indicates companies realized only minimal losses after reporting cyber-related incidents....
Read MoreSEC Tags DraftKings for Regulation FD Violation
As the CEO of Boston-based sports gambling operator DraftKings Inc. learned recently, corporate executives are rolling the dice when they discuss their companies on social media. The Securities and Exchange Commission last month announced a...
Read MoreSEC Breaks New Ground with Cybersecurity Enforcement Case
R.R. Donnelly & Sons Co. doesn’t seem like the type of company that’s likely to make waves. Once the world’s largest commercial printer, Chicago-based RRD boasts that it has “the industry’s most trusted portfolio of marketing, packaging...
Read MoreSEC Chimes in on Early Cybersecurity Disclosures
Earlier this year, we offered readers three lessons from the initial wave of disclosures made under new cybersecurity rules issued by the Securities and Exchange Commission in 2023. For example, we saw companies attempting to frame what cou...
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