New York Federal Court Refuses to Extend Accounting Controls Requirements to Cybersecurity Controls

Principal Tara LaClair published an article which discussed a recent opinion by the New York federal court in which they rejected the Securities Exchange Commission’s (SEC) argument that a public issuer violates Section 13(b)(2)(B) when it fails to implement an adequate system of cybersecurity controls.

To read the full article, click here https://www.jdsupra.com/legalnews/new-york-federal-court-refuses-to-5952321/.