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.
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.
AFR Education Fund sent the letter below to the Securities and Exchange Commission opposing changes to rules governing how corporations can raise investment capital. These rules would make it easier for companies to raise capital without doing basic disclosures about their business or following other
Note: On the afternoon this letter was sent the Federal Reserve announced it would be providing additional transparency in 13(3) facilities. See our comment linked here for earlier AFR Edcucation Fund communications with the Federal Reserve on this issue. Download a pdf of the letter