CISO Global files SEC no-action request for investor-consent share lending program

CISO Global, Inc.

Program requires beneficial owners to affirmatively opt in before their shares can be lent; consent can be withdrawn at any time.
Request seeks SEC Staff confirmation of no enforcement action under Rule 17Ad-20 for adopting the consent framework.
Company cites review of short-volume data, late-2025 fails-to-deliver, and shareholder-record discrepancies.
Nick Morgan and Mark Hiraide of Investor Choice Advocates Network (ICAN) are representing CISO pro bono.
No assurance that SEC Staff will grant relief; program would operate through existing intermediary relationships.

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