CISO Global Pursues SEC Relief for Investor-Consent Lending

Cerberus Cyber Sentinel Corp ( (CISO) ) has provided an update.

On April 8, 2026, CISO Global announced it had filed a no-action request with the U.S. Securities and Exchange Commission after, on April 7, 2026, seeking assurance that regulators would not pursue enforcement if it implements an Investor-Consent Share Loan Program giving shareholders an explicit opt-in for securities lending. Prompted by its review of late-2025 short-volume data, fails-to-deliver, and shareholder-record discrepancies, the company is positioning the proposal as an informed-consent and transparency measure that would work through existing intermediaries without altering market plumbing, potentially strengthening shareholder protections but with no guarantee that SEC staff will grant the requested relief or on what timeline.

CISO’s proposed program would require investors to affirmatively opt in before their shares are made available for lending and allow them to withdraw consent, subject to settlement mechanics, while leaving DTC and clearing infrastructure unchanged. Supported pro bono by the Investor Choice Advocates Network, the move underscores CISO’s broader effort to address perceived market-structure issues through established regulatory channels, signaling to shareholders and market participants that the company is actively championing investor choice in the securities-lending process.

More about Cerberus Cyber Sentinel Corp

CISO Global, Inc., headquartered in Scottsdale, Arizona, is a Nasdaq-listed provider of AI-powered cybersecurity software, managed cybersecurity, and compliance solutions. The company focuses on helping organizations protect against evolving cyber threats while meeting regulatory and compliance obligations in the cybersecurity market.

Average Trading Volume: 332,518

Technical Sentiment Signal: Sell

Current Market Cap: $15.08M

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