March 11, 2022

SEC Open Meeting: Climate Change Proposals on the Agenda for 3/21!

Yesterday, the SEC announced an open meeting for Monday, March 21st.  According to the Sunshine Act Notice, there’s just one item on the agenda:

The Commission will consider whether to propose amendments that would enhance and standardize registrants’ climate-related disclosures for investors.

Climate change issues have soaked up a lot of oxygen at the SEC in recent years, and the open meeting comes on the heels of reports that there’s trouble in paradise among the Democratic commissioners concerning the scope of the rule proposals. Will the proposal track the expansive approach championed by Commissioner Lee, or will we end up with something more grounded in traditional conceptions of materiality?  We’ll find out soon.

John Jenkins