Americans for Financial Reform joined a coalition letter to the California Assembly Natural Resources Committee supporting the passage of SB 219 offering technical amendments to the recently passed historic Senate Bill 253, the Climate Corporate Data Accountability Act, and Senate Bill 261, the Climate-related Financial
By staying the private fund disclosure rule written by the Securities and Exchange Commission, the Fifth Circuit has given a victory to extraordinarily wealthy predatory financiers and opened the door to undermining the agency’s basic regulatory tools. Stopping the SEC’s private funds rule, which would increase transparency and accountability in the multi-trillion-dollar private funds market, is a terrible outcome in and of itself. But the impacts of this ruling go much further.
Americans for Financial Reform Education Fund joined Public Citizen in submitting a comment to the Federal Acquisition Regulation Council on its recent rule: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk. The rule represents an important step forward in protecting the security of federal government supply
Americans for Financial Reform Education Fund (AFREF) submitted comments to the Securities and Exchange Commission (SEC) on their proposed rules regarding fund names and required Environmental, Social, and Governance (ESG) disclosures for investment funds and advisers. These proposed rules would prevent the use of misleading
At a hearing in front of the Senate Climate Change Task Force Committee, Moonyoung Ko, Climate Finance Campaign Manager at AFR, spoke to Senate Democrats on the need for these climate-related financial disclosures for all investors including retail investors and those who trust in others
AFREF, Public Citizen, The Sunrise Project, and Sierra Club submitted a comment to the International Sustainability Standards Board on their Climate-related Disclosures Exposure Draft. The Board requested broad stakeholder feedback on its proposal, which reflected the need for users of general purpose financial reporting to
AFREF submitted and joined coalition comment letters in response to the Securities and Exchange Commission (SEC)’s proposed rule on climate disclosure. The coalition letters focused on Environmental Justice, Community Impacts, and Indigenous rights.
Americans for Financial Reform delivered 16,658 petition signatures calling on the Securities and Exchange Commission (SEC) to make it mandatory for large companies and banks to disclose their total greenhouse gas emissions, including financed emissions, to investors and the public.
The Americans for Financial Reform Education Fund (AFREF) appreciates the opportunity to comment on the above referenced proposed rule (“the Proposal”) by the Securities and Exchange Commission (the “SEC” of the “Commission”) concerning the simplification and streamlining of the most useful information and fees to
The SEC has released new guidance on corporate disclosures in light of COVID, which includes a recommendation that companies disclose more information about health and safety policies. We see this as a positive first step toward requiring the disclosures requested in a letter sent to the SEC last week by Americans for Financial Reform and nearly 100 other organizations.