SEC Proposes Updates to Regulation SCI
March 16, 2023
The SEC has issued a proposed rule, Regulation Systems Compliance and Integrity. The proposal would “expand and update Regulation Systems Compliance and Integrity (SCI), the set of rules adopted in 2014 to help address technological vulnerabilities in the U.S. securities markets and improve Commission oversight of the core technology of key U.S. securities markets entities (SCI entities).”
Comments on the proposed rule are due 60 days after the date of its publication in the Federal Register.
For more information, see the press release and fact sheet — as well as statements by SEC Chair Gary Gensler and Commissioners Caroline Crenshaw, Jaime Lizárraga, Hester Peirce, and Mark Uyeda — on the SEC’s Web site.