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Join Board of Editors member Jacqueline Wolff and David Smith of Manatt, Phelps & Phillips on Oct. 13 as they delve into the new SEC disclosure rules on climate change risks.
President Biden has said that "[t]he intensifying impacts of climate change present physical risk to assets, publicly traded securities, private investments, and companies. … It is therefore the policy of my Administration to advance consistent, clear, intelligible, comparable, and accurate disclosure of climate-related financial risk …."
In March, the SEC proposed new rule changes on climate-related disclosures for investors. The proposed new rules affect disclosures in annual reports and registration statements and are expected to be finalized by the end of 2022.
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