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SEC extends comment period for climate disclosure rule

The SEC announced that it is extending the public comment deadline for its climate disclosure rule from May 20th to June 17th.

The SEC announced that it is extending the public comment deadline for its climate disclosure rule from May 20th to June 17th. 

The Securities and Exchange Commission (SEC) proposed a new rule on March 21st that would require publicly traded companies to improve and standardize the information they disclose about their greenhouse gas emissions. The SEC’s proposed rule comes after warnings from the Federal Reserve and other government agencies about the risk that climate change poses to the financial system. 

I released a statement applauding the proposed rule, which was picked up by the Associated Press.

We plan on submitting a more detailed public comment by the new deadline. Comments can be submitted on the SEC’s website.

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