SEC rule under the Securities Exchange Act of 1934

E464859

Regulation SCI is a U.S. Securities and Exchange Commission regulation that imposes technology, systems integrity, and cybersecurity requirements on key market participants to promote the stability and resilience of the securities markets.

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Statements (43)

Predicate Object
instanceOf U.S. SEC regulation
securities market regulation
appliesTo certain alternative trading systems
certain exempt clearing agencies
entities whose systems are critical to the functioning of the securities markets
plan processors
self-regulatory organizations
defines SCI event
enforcementBy Division of Trading and Markets of the SEC NERFINISHED
enforcementMechanism SEC enforcement actions
SEC examinations
focusesOn key market participants that provide critical market infrastructure
fullName Regulation Systems Compliance and Integrity NERFINISHED
goal to mitigate the impact of technology failures on fair and orderly markets
to mitigate the impact of technology failures on investors
includesConcept SCI systems
jurisdiction United States of America
surface form: United States
legalBasis Securities Exchange Act of 1934 NERFINISHED
objective to enhance market-wide operational resilience
to standardize minimum technology controls across key market participants
obligation to maintain systems capacity reasonably designed to handle market stress
to maintain systems integrity and availability
to protect the confidentiality, integrity, and availability of critical systems and data
purpose to improve the SEC’s oversight of critical market infrastructure
to promote the resilience of the securities markets
to promote the stability of the securities markets
to reduce the occurrence of systems issues in securities markets
regulator U.S. Securities and Exchange Commission NERFINISHED
regulatoryCategory technology and operational risk regulation
relatedTo market structure regulation under the Securities Exchange Act of 1934
requires annual review of compliance with Regulation SCI
monitoring of systems capacity and performance
notification to affected members or participants of certain systems issues
notification to the SEC of certain systems issues
periodic systems testing
policies and procedures for business continuity and disaster recovery
policies and procedures for capacity planning
policies and procedures for information security
policies and procedures for systems development and testing
remedial action to address systems disruptions and vulnerabilities
subjectMatter cybersecurity
systems integrity
technology requirements for securities markets

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Regulation SCI legalForm SEC rule under the Securities Exchange Act of 1934