arrow_back Back to App

Congress Disapproves SEC Cybersecurity Rules for Companies

This document signifies that the U.S. Congress disagrees with new rules proposed by the Securities and Exchange Commission (SEC) regarding cybersecurity risk management, strategy, governance, and incident disclosure. In practice, this means these rules, intended to increase transparency in corporate cybersecurity, will not take effect. For citizens, this could mean less readily available information on how companies protect their data from cyberattacks.
Key points
Congress rejects new SEC cybersecurity rules, meaning companies will not be required to disclose details of their data protection strategies as planned.
The absence of these rules may affect the availability of information for investors and consumers regarding corporate cybersecurity risks, potentially reducing transparency in this area.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_100
Sponsor: Rep. Garbarino, Andrew R. [R-NY-2]
Process start date: 2023-11-09
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure".

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HJRES_100.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-11-09.

What are the main provisions?

Key points include:

  • Congress rejects new SEC cybersecurity rules, meaning companies will not be required to disclose details of their data protection strategies as planned.
  • The absence of these rules may affect the availability of information for investors and consumers regarding corporate cybersecurity risks, potentially reducing transparency in this area.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Garbarino, Andrew R. [R-NY-2].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 614.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Security