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On Sept. 20, the Securities and Exchange Commission announced that its system for electronic filing for public company disclosures, EDGAR, was compromised last year and that hackers may have used exposed information for illicit trading.  The disclosure, which provided few details, offered the Commission the opportunity to issue a larger, wide-ranging statement describing its efforts to promote effective cybersecurity practices—inside the Commission itself as well as with respect to the market more broadly and the market participants it regulates.  Notably, the statement highlights its continued, active investigation and enforcement of cybersecurity-related failures.

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