AFREF joined Public Citizen and other organizations in a letter to the Public Company Accounting Oversight Board (PCAOB) urging the board to strengthen and finalize its proposals to update AS 2405, A Company’s Noncompliance with Laws and Regulations, and AS 2110, Identifying and Assessing Risks of Material Misstatement. “The climate crisis and the economy-wide decarbonization
AFREF joined Public Citizen, The Sunrise Project and other partner organizations in a letter to the Basel Committee on Banking Supervision’s in response to its consultation paper Disclosure of climate-related financial risks. “Of particular importance is information related to financed emissions, transition plans, and forecasts. The proposal includes key measures to support disclosure of information
AFREF led a sign-on letter in opposition to H.R. 2799, the Expanding Access to Capital Act of 2024, along with the 10 undersigned organizations. Fundamentally, H.R. 2799 weakens regulation of both the public markets and the private markets, making it a bad deal for investors of all types, and a boon to issuers interested in raising capital with the lowest possible degree of disclosure, compliance, accountability, and overall economic inefficiency.
Americans for Financial Reform Education Fund (AFREF) submitted a comment letter on The Board of the International Organization of Securities Commissions (IOSCO)’s Consultation Report outlining a proposed set of Good Practices to promote the integrity and orderly functioning of Voluntary Carbon Markets (VCMs). IOSCO has appropriately developed a proposed set of 21 Good Practices in
Americans for Financial Reform Education Fund (AFREF) led a letter with 13 additional signatories urging the SEC to repropose the stock buybacks disclosure rule to provide investors with information about this widespread yet opaque practice. This important rule was struck down by the Fifth Circuit Court of Appeals following a challenge by the Chamber of Commerce.
Americans for Financial Reform Education Fund (AFREF) led a letter with 16 additional signatories urging the SEC to propose a rule requiring public companies to make human capital management disclosures as soon as possible. Investors are in desperate need of consistent, comparable, and decision-useful workforce information.
