Final Amendments to Regulation S-P under Securities Exchange Act of 1934

On May 15, 2024, the Securities and Exchange Commission (the “SEC”) issued final amendments (the “Amendments”) to Regulation S-P (originally adopted in 2000), which governs the treatment of a customer’s nonpublic personal information by certain financial institutions. The Amendments aim to modernize and enhance the customer protections established under Regulation S-P by expanding the scope of the existing safeguards rule and the disposal rule and the categories of financial institutions covered…
By: Hinckley Allen