U.S. Securities and Exchange Commission

🚨 TODAY: SEC proposes rescission of overly burdensome and costly climate-related disclosure rules.

The Commission’s proposal focuses on returning the agency to its core mandate and restoring a materiality-focused approach to securities regulation.

Chairman Paul S. Atkins: “SEC disclosure obligations should comply with the Commission’s statutory authority, be guided by materiality as the North Star, avoid the practical effect of dictating corporate behavior, and be imposed only when the expected benefits justify the likely costs and burdens.”

Read the full release: https://ow.ly/mVGB50Z5ELG

Protecting investors and facilitating capital formation from east coast to west coast!

📸 This week, Chairman Paul Atkins traveled to the SEC’s regional offices to visit with agency staff in Los Angeles and San Francisco.

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