SEC Chairman Jay Clayton, who will be stepping down later this year, spoke today about the results of the SEC during the past three and a half years of his tenure. He viewed developments through eight core principles that he said would guide him when he started as Chair. It is a really interesting and wide-ranging discussion of important matters touching on the U.S. securities markets. At the end of his remarks, Chairman Clayton addressed "E," "S" and "G," focusing more on "E" disclosures. He reiterated his comments in testimony before Congress earlier this week about his own preference for a sector-by-sector approach for any standardization of climate-related disclosures. It is noteworthy that Chairman Clayton said that he "expect[s] to have more to say on this soon so please stay tuned." Let's see what he has to say....
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SEC Chair suggests "more to say" on climate change disclosure "soon"....
"I expect to have more to say on this soon so please stay tuned."
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