A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure".

SJRES 50 is a joint resolution seeking to block a Securities and Exchange Commission (SEC) rule on cybersecurity risk management and incident disclosure. The rule, published in August 2023, would have required public companies to establish specific cybersecurity practices and disclose incidents to investors. This resolution uses a congressional disapproval process under federal law to prevent the rule from taking effect. If passed, it would halt the SEC's requirements, meaning companies would not face new cybersecurity reporting obligations.