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Rajib Chanda Quoted in Ignites on SEC Data Breach
09.22.17
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Corporate Partner Rajib Chanda was quoted in Ignites, a Financial Times news service, on the U.S. Securities and Exchange Commission’s recent data breach. The article notes that the breach may assist the industry with securing compliance delays for new rules, which require financial service groups to provide the organization with Form N-PORT and Form N-CEN data on investments. “The key is that the rule should only be implemented once the appropriate safeguards are in place, and the SEC needs to be transparent in the same way it expects issuers to be transparent in helping the industry feel comfortable,” Rajib says.