Effective Date: August 2, 2024
Compliance Deadline: December 3, 2025 (larger entities); June 3, 2026 (smaller entities)
Applies To: SEC-registered investment advisers, broker-dealers, investment companies, and transfer agents
The SEC has officially adopted sweeping amendments to Regulation S-P — the primary federal privacy and safeguards rule under the Gramm-Leach-Bliley Act (GLBA). While Regulation S-P has existed since 2000, the 2024 amendments modernize it to address today’s cybersecurity risks, requiring firms to go far beyond simply having an “information security policy.”
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