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A bill to promote transparency in the oversight of cybersecurity risks at publicly traded companies.

USA115th CongressS-536| Senate 
| Updated: 6/28/2018
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (5)
Mark R. Warner (Democratic)John McCain (Republican)Doug Jones (Democratic)John Kennedy (Republican)Susan M. Collins (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Mar 7, 2017
Introduced in Senate
Mar 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1641-1642)
Sep 12, 2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-95.
May 24, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-307.
Jun 28, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Jul 27, 2018

Latest Companion Bill Action

HR 115-6638
Introduced in House
  • March 7, 2017
    Introduced in Senate


  • March 7, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1641-1642)


  • September 12, 2017
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-95.


  • May 24, 2018
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-307.


  • June 28, 2018
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.


  • July 27, 2018

    Latest Companion Bill Action

    HR 115-6638
    Introduced in House

Finance and Financial Sector

Related Bills

  • HR 115-6638: To promote transparency in the oversight of cybersecurity risks at publicly traded companies.
Administrative law and regulatory proceduresComputer security and identity theftFinancial services and investmentsGovernment information and archivesSecuritiesSecurities and Exchange Commission (SEC)

A bill to promote transparency in the oversight of cybersecurity risks at publicly traded companies.

USA115th CongressS-536| Senate 
| Updated: 6/28/2018
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 7, 2017
Introduced in Senate
Mar 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1641-1642)
Sep 12, 2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-95.
May 24, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-307.
Jun 28, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Jul 27, 2018

Latest Companion Bill Action

HR 115-6638
Introduced in House
  • March 7, 2017
    Introduced in Senate


  • March 7, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1641-1642)


  • September 12, 2017
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-95.


  • May 24, 2018
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-307.


  • June 28, 2018
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.


  • July 27, 2018

    Latest Companion Bill Action

    HR 115-6638
    Introduced in House
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (5)
Mark R. Warner (Democratic)John McCain (Republican)Doug Jones (Democratic)John Kennedy (Republican)Susan M. Collins (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 115-6638: To promote transparency in the oversight of cybersecurity risks at publicly traded companies.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresComputer security and identity theftFinancial services and investmentsGovernment information and archivesSecuritiesSecurities and Exchange Commission (SEC)