# 2025-23771: SEC Updates Privacy Rules to Better Guard Financial Data

2025-23771, Privacy Act of 1974; System of Records, is a Federal Register notice from Securities and Exchange Commission published 2025-12-23, effective 2025-12-23 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-23771
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-23771
- Title: Privacy Act of 1974; System of Records
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 60165
- Published: 2025-12-23
- Effective: 2025-12-23
- Comments close: 2026-01-22
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Updates Privacy Rules to Better Guard Financial Data

## Summary

The SEC is updating its records system to better protect America’s money from fraud and waste, following a new Executive Order. This change affects how the SEC shares certain financial info but doesn’t change who’s included or your rights to see or fix your records. The update kicks in now, with a 30-day window for public comments until January 22, 2026.

## Abstract

In accordance with the Privacy Act of 1974 and Office of Management and Budget ("OMB") Circular A-108, the Securities and Exchange Commission ("Commission" or "SEC") is proposing a modification to its system of records notice (SORN), SEC-06, SEC's Financial and Acquisition Management System ("SEC-06"). This proposed update introduces a new routine use to comply with Executive Order (E.O.) 14249, Protecting America's Bank Account Against Fraud, Waste, and Abuse. The change supports enhanced efforts to safeguard federal financial systems and ensure responsible stewardship of public funds. The modified SORN does not change the categories of individuals, the record collection process, the authorities, or the purpose of collection. It also does not affect individuals' rights to access or amend their records under the Privacy Act.

## Effects PRIA read

- SEC may share payment data with Treasury: cost, medium. The SEC added a new routine use (Routine Use 14) that allows it to disclose records from its Financial and Acquisition Management System (SEC-06) to the U.S. Department of the Treasury for review through the Do Not Pay Working System to identify, prevent, or recoup improper payments. This sharing e…
- Sensitive financial and ID data covered: cost, low. SEC-06 includes personal and financial identifiers such as Social Security numbers (SSNs), Tax Identification Numbers (TINs), routing/transit numbers, deposit account numbers, and vendor identifiers (DUNS, vendor number). Those data elements in SEC-06 may be disclosed under the SEC's routine uses (…
- Your access and amendment rights unchanged: benefit, low. The SEC states that the modification to SEC-06 does not change which categories of individuals are covered, how records are collected, the authorities for collection, or individuals' rights to access or amend their records under the Privacy Act. The notice is effective upon publication, with a 30-d…

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## Sources
- [2025-23771 on federalregister.gov](https://www.federalregister.gov/documents/2025/12/23/2025-23771/privacy-act-of-1974-system-of-records)
- [2025-23771 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-12-23/pdf/2025-23771.pdf)

## Related
- [Previous: 2025-23769, Agency Information Collection Activities: Information Collection Renewal; Comme…](https://policyrisk.com/federal-register/2025-23769)
- [Next: 2025-23774, Proposed Collection; 60-Day Comment Request; Loan Repayment Programs (LRP), (Of…](https://policyrisk.com/federal-register/2025-23774)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-23771 (as of 2026-06-08).