CISO Global, Inc. Form 8-K Filing

CISO Global, Inc. has submitted a no-action request to the SEC regarding a proposed Investor-Consent Share Loan Program. This program aims to provide beneficial owners with a framework to consent to their shares being made available for securities lending. The company stated that the request was prompted by a review of short-volume data, fails-to-deliver reports, and shareholder-record discrepancies, aiming for greater transparency and investor choice in securities lending. The proposed framework would require shareholders to affirmatively opt in before their shares are used for lending, with the ability to withdraw consent at any time. This initiative is being supported pro bono by the Investor Choice Advocates Network (ICAN). CISO Global emphasizes that this program is designed to align with shareholder protection, market transparency, and informed investor choice, and it would operate through existing intermediary relationships without altering current clearance and settlement infrastructure.