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HR 6638 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Computer security and identity theft Financial services and investments Government information and archives Securities Securities and Exchange Commission (SEC)

Cybersecurity Disclosure Act of 2018

Introduced: July 27, 2018 Introduced by: Himes, James A. Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2018
Referred to the House Committee on Financial Services.
Jul 27, 2018
Introduced in House
 Plain-English summary Congressional Research Service

Cybersecurity Disclosure Act of 2018

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.

What's happening now July 27, 2018

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1