+1 State. Data Security Requirements for Finance.

First came New York. Now comes Colorado promulgating cybersecurity rules on their financial sector. 

The Colorado proposal will apply to:

• financial advisers
• broker-dealers
•  entities with state securities licenses

The Colorado rules will require securities licensees to:

•  conduct an annual assessment of their cybersecurity risks
• require written policies and procedures explaining how they are protecting clients’ personal and financial information

Bloomberg Law | Colorado Moving to Set Financial Adviser Cybersecurity Rule

Colorado’s Rulemaking Notice (2017)