US Banking Groups Urge SEC to Revoke Cybersecurity Disclosure Rule Citing Risks

Catenaa, Thursday, May 29, 2025- Major US banking trade organizations have formally petitioned the Securities and Exchange Commission to repeal its cybersecurity incident disclosure rule. The groups include the American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association. 1 The groups argue the mandate poses serious national security risks and operational challenges. […] source: https://investors.catenaa.com/news/us-banking-groups-urge-sec-to-revoke-cybersecurity-disclosure-rule-citing-risks