disclosure Archives - Americans for Financial Reform

News Release: Fifth Circuit’s Wall Street-Friendly Ruling A Broad Threat to SEC Disclosure Rules

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.

Letters to Regulators: FAR Council Should Strengthen Climate Risk Disclosure for Federal Contractors

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

Letters to Regulators: Environmental, Social, and Governance (ESG) Names and Disclosures for Investment Funds

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

Congressional Testimony: AFR’s Moonyoung Ko Testifies to Senate Democrats on Need for Strong Final Climate Disclosure Rule from the SEC

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

Letters and Statements: Comment to the International Sustainability Standards Board on Climate-related Disclosures

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

Letters to Regulators: Comments to the SEC on Climate Disclosure Proposal

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.

oil rig at sunset Photo by WORKSITE Ltd. on Unsplash

Petition to the SEC: 16k Petitioners Urge SEC to Require Climate Risk and Carbon Emissions Disclosure

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.

Letters to Regulators: Letter to the SEC on Proposal to Modernize Shareholder Reports, Disclosures, and Fees

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

News Release: SEC Must Go Further to Improve Pandemic-Related Risk Disclosures

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.

News Release: SEC Should Mandate Disclosures on COVID-19 Risks and Responses

The Securities and Exchange Commission should create new disclosure requirements that would allow investors to analyze how companies are acting to protect workers, prevent the spread of the virus that causes COVID-19, and responsibly use any federal aid they receive, according to a letter signed by more than 98 investors, state treasurers, public interest groups, labor unions, asset managers and securities law experts.