Cybersecurity, Preventing Plan Leakage Top of Mind for Retirement Plan Sponsors

Retirement Plan Sponsors shared in a survey the steps they have taken, or will take, to reduce plan leakage and retain retiree assets in the plan. Preventing asset leakage and Cybersecurity concerns have been priorities for plan sponsors, according to new research from Callan, and many plan sponsors expect to act further this year. The … Read more

SEC’s Proposed Cybersecurity Rules for RIAs, RICs, and BDCs

On February 9, 2022, the SEC voted 3-1 to propose rules that would significantly expand the risk management and reporting requirements concerning cybersecurity and related matters for registered investment companies (RICs), business development companies (BDCs), and investment advisers registered or required to be registered with the SEC (RIAs) The proposed rules would require advisers and … Read more

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