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Regulatory Update and Recent SEC Actions - July 2021 | Blank Rome LLP

Regulatory Update and Recent SEC Actions - July 2021 | Blank Rome LLP
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SEC To Scrutinize Company Accounting For Impact Of Climate - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. In February, then-Acting SEC Chair Allison Lee directed the staff of Corp Fin, in connection with the disclosure review process, to enhance its focus on climate-related disclosure in public company filings, starting with the extent to which public companies address the topics identified in the interpretive guidance the staff issued regarding climate change in 2010.  (See this PubCo post.) In March, the SEC announced the creation of a new Climate and ESG Task Force in the Division of Enforcement. (See this PubCo post.) How else does this new

U S SEC chair pledges trading rules review in first Congressional hearing

BusinessU.S. SEC chair tells Congress he plans new rules on climate risk, trading Katanga JohnsonPete Schroeder 4 minute read The new chair of the U.S. securities regulator told lawmakers on Thursday the agency was considering new trading rules to address issues raised by this year s GameStop Corp (GME.N) trading saga and the meltdown of private fund Archegos Capital. Gary Gensler also told the House of Representatives Financial Services Committee, just three weeks after being sworn in as Securities and Exchange Commission (SEC) chair, that he expected to propose new rules on corporate climate risk disclosures in the second half of 2021.

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