The Latest Breaking News from Gary Gensler

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

WASHINGTON — Republican lawmakers and scholars are ratcheting up their arguments that the Securities and Exchange Commission lacks the statutory authority to require public companies to disclose climate-related financial risks.

Critics of the SEC say the agency is overreaching its authority in proposing standards for climate emissions.

Federal investigations into questionable trading practices are on the rise—and the fate of Bill Hwang and his firm, Archegos, may await others in the finance industry.

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

The SEC is proposing to standardize climate reporting. If approved, requirements could cost a company more than a half-million dollars.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

China modified a decadelong rule that restricted offshore-listed firms’ financial data sharing practice, potentially removing a key hurdle for U.S. regulators to gain full access to auditing reports of the majority of the 200-plus Chinese companies listed in New York.

As per a new NBC News poll, one in five Americans has invested in, traded, or used cryptocurrency. Another sign that digital assets continue to get more popular even as lawmakers warn of market risks and work to regulate the industry, reported CNBC. According to the poll, half of the men…

The U.S. Securities and Exchange Commission released its long-awaited proposal to require companies to disclose their climate risks to investors, and it’s arguably the most significant action on climate change yet under the Biden administration.

Climate action rules announced by SEC chair Gary Gensler expected to face opposition from Republicans and industry groups