On Friday, October 7, the Securities and Exchange Commission (SEC) reopened the public comment period for eleven proposed rules whose comment periods closed after March 21, 2022. This includes the proposed climate-related disclosures for investors. Additional analysis of the potential impact of these proposed rules can be found here. In reopening the rules, the SEC stated that a technological error resulted in some comments not being received through the SEC's web form. Anyone who submitted a comment on the climate-related disclosures, or one of the other affected rules, is encouraged to ensure that their comments are posted on the SEC's public website. The new comment period will remain open for 14 days after the SEC republishes the rules in the Federal Register. So far, thousands of comments have been received on the proposed climate-related disclosure requirements.
The SEC proposed rules that are being reopened for additional comments include:
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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