After announcing intentions to mandate climate disclosures for registered firms last Spring, the SEC's latest ruling now cites April 2023 as the new proposed deadline for the "Final Action" in producing its climate change disclosure rules. The news should come as welcome clarification for participating firms and investors alike. The industry was left in the dark as to when the ruling would eventually be released after SEC missed its own October deadline last year. Gary Gensler, Chair of the SEC, had publicly eschewed giving a new concrete deadline, with the sheer volume of comment l...
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