Senator Mark Warner (D-Va) is worried about cybersecurity threats to the US securities market.
The influential Democrat, who sits on the Committee on Banking, Housing and Urban Affairs, the Committee on Finance, and the Select Committee on Intelligence, on August 1 sent a letter to Securities and Exchange Commission chairman Jay Clayton.
In it, he asked the SEC to provide more information on cybersecurity rules in the US securities market. The letter is focused on Regulation Systems Compliance and Integrity (Reg SCI), a rule introduced in 2014.
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ORIGINAL SOURCE: Business Insider