Bill > HJRes100

This Joint Resolution expresses Congress's disapproval of a rule proposed by the Securities and Exchange Commission (SEC), which is the U.S. government agency responsible for regulating the securities industry. The rule in question, published on August 4, 2023, in the Federal Register (a daily journal of the U.S. government), was intended to establish requirements for public companies regarding their cybersecurity risk management, strategy, governance, and how they disclose cybersecurity incidents. By passing this resolution under Chapter 8 of Title 5 of the U.S. Code, Congress is using its authority to overturn regulations issued by federal agencies, meaning the SEC's cybersecurity rule will not be implemented and will have no legal effect.