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SEC Commissioner Lee Dispels Myths About Materiality - Corporate/Commercial Law


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Earlier this week, SEC Commissioner Allison Lee delivered keynote remarks at the 2021 ESG Disclosure
Priorities Event hosted by the AICPA, the Chartered Institute of
Management Accountants, SASB and the Center for Audit Quality. Her
topic: Myths and Misconceptions about
Materiality. In the context of the discussion about
potential mandatory ESG disclosures, Lee observed, there has been a
lot of attention to the concept of materiality, which is
fundamental to our securities laws. The public company disclosure
system is generally oriented around providing information ....

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