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SEC Commissioner Peirce Dissents from Rules on Cybersecurity Disclosure

Reynolds Holding

Today’s rule, by contrast, reads like a test run for future overly prescriptive, overly costly disclosure rules covering a never-ending list of hot topics. The release prescribes granular disclosures, which seem designed to better meet the needs of would-be hackers rather than investors’ need for financially material information. [8]

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

As discussed in our 2022 Mid-Year Securities Litigation Update , a number of courts have grappled with the effects of Lorenzo. Although the number of securities lawsuits filed this year remained steady compared to 2021, we have seen many notable developments in securities law. In particular, the Second Circuit in SEC v.