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S. 536

Cybersecurity Disclosure Act of 2017

Cybersecurity Disclosure Act of 2017

This bill directs the Securities and Exchange Commission (SEC) to issue final rules requiring a registered issuer to:

  • disclose in its mandatory annual report or annual proxy statement whether any member of its governing body has expertise or experience in cybersecurity, including details necessary to describe fully the nature of that expertise or experience; and
  • if no member has such expertise or experience, describe what other company cybersecurity steps were taken into account by the persons responsible for identifying and evaluating nominees for the governing body.

The SEC shall, in coordination with the National Institute of Standards and Technology, define what constitutes expertise or experience in cybersecurity.

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.

Sen. Reed, Jack [D-RI](D-RI)Sponsor
5 cosponsors2 D3 R
5cosponsors1committees5actions1related bills6subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.

    Banking, Housing, and Urban Affairs Committee
  2. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

    Banking, Housing, and Urban Affairs Committee
  3. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-95.

    Banking, Housing, and Urban Affairs Committee
  4. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1641-1642)

    Banking, Housing, and Urban Affairs Committee
  5. IntroReferral10000

    Introduced in Senate

Cybersecurity Disclosure Act of 2017 — Informed