AI brief of an SEC Form 8-K · CISO Global, Inc. (CISO)

CISO Global seeks SEC no-action relief for investor-consent share loan program

Neutral Impact 2 of 5 legal/regulatory Written later

CISO Global filed a no-action request with the SEC Staff on April 7, 2026, asking for confirmation that the Staff would not recommend enforcement under Rule 17Ad-20 if the company adopts a proposed Investor-Consent Share Loan Program. The filing contains no financial results or financial impact figures, and the company states there is no assurance the SEC Staff will grant relief or on what timing.

Key points

  • No-action request submitted April 7, 2026, and announced in a press release dated April 8, 2026.
  • Under the proposed program, shareholders would opt in before their shares are treated as available for securities lending, and could withdraw consent at any time.
  • Any SEC Staff response would reflect the Staff's views only and would not be a formal rule, regulation, or Commission approval.
  • Nick Morgan of the Investor Choice Advocates Network (ICAN) is assisting the company pro bono.

The filing

CompanyCISO Global, Inc. (CISO)
Form8-K, current report
Filed with the SECApr 8, 2026, 8:30 AM ET
Accession number0001493152-26-015646

Items reported: 7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 08, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.