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S. 808IntroducedFINANCE AND FINANCIAL SECTOR

Cybersecurity Disclosure Act of 2021

Administrative law and regulatory procedures · Computer security and identity theft · Corporate finance and management
Sponsor
Sen. Reed, Jack [D-RI]
D · RI
Key facts
Introduced: Mar 17, 2021
Chamber: Senate
Cosponsors: 6
Congress: 117th
Latest action · Sep 14, 2021
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-699.

Summary

Cybersecurity Disclosure Act of 2021

This bill directs the Securities and Exchange Commission to issue final rules requiring a registered issuer of securities to disclose in its mandatory annual report or annual proxy statement whether any member of its governing body has expertise or experience in cybersecurity. If no member has such expertise or experience, the issuer must describe what other company cybersecurity aspects were taken into account by the persons responsible for identifying and evaluating nominees for the governing body.

Summary by Congressional Research Service.

Timeline

  1. Sep 14, 2021
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-699.
  2. Mar 17, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1617)
  3. Mar 17, 2021
    Introduced in Senate

Cosponsors

In the News

View official record on Congress.gov →
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