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0 0.0048768472906404 0.00413793103448274 0.00492610837438413 0.0123152709359605 0.0073891625615762 0.00492610837438413 0.00492610837438413
Stock impact report

Adapting To SEC Cybersecurity Disclosure Requirements [Forbes]

RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (RLX) 
Company Research Source: Forbes
The cybersecurity compliance landscape for public companies and foreign private issuers in the United States significantly evolved in 2023 with the introduction of new regulations by the SEC. Announced by SEC Chair Gary Gensler on July 26, 2023 , these regulations mandate prompt disclosure of material cybersecurity incidents within four business days, except in circumstances where a delay is justifiable for national security or public safety reasons. Additionally, regulations require detailed annual reports on an entities' cybersecurity risk management, strategy, and governance practices. Taking effect 30 days after the Federal Register publication in July, these rules aim to increase transparency for investors, companies, and the market by standardizing cybersecurity disclosures. They also highlight the SEC's desire to enhance cybersecurity transparency. Historical Context and Challenges The regulations aim to address the underreporting of cyberattacks , a persistent issue that ha Show less Read more
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