Author Archives: Lee Reiners

The SEC’s Climate-Risk Disclosure Rule: What a Long Strange Trip It’s Been

By | March 6, 2024

The SEC finalized its climate-risk disclosure rule earlier today, two years after first proposing the rule. The final rule significantly pares back disclosure requirements for greenhouse gas emissions but otherwise adheres to the basic structure of the proposed rule. This post summarizes the process followed to get to this point, potential legal challenges to the… Read More »

Category: Uncategorized

Regulating ESG Investing in the US and EU

By | November 7, 2023

In my new paper for the Climate Risk Disclosure Lab, I examine the different approaches to regulating Environmental, Social, and Governance (ESG) investing in the U.S. and European Union. The rise of ESG has brought significant challenges. The lack of a universal framework for ESG evaluation makes it difficult for investors and other stakeholders to… Read More »

Category: Uncategorized

Reflections on the Ripple Decision

By | July 17, 2023

Last week, Judge Analisa Torres of the United States District Court for the Southern District of New York ruled on cross-motions for summary judgement filed by the SEC and Ripple in relation to ongoing litigation that dates back to December 2020. The following is a short summary of Judge Torres’ ruling and my initial reactions.… Read More »

Statement of Opposition to HFSC’s Digital Asset Regulation Discussion Draft

By | June 27, 2023

The following letter was submitted to the House Financial Services Committee for inclusion in the record of a June 13, 2023, hearing titled: “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.” The hearing was held to discuss a recently introduced bill that would provide a statutory framework for digital asset regulation.… Read More »

Summary of Comment Letters for the SEC’s Proposed Climate Risk Disclosure Rule

By | September 1, 2022

This article first appeared on the Climate Risk Disclosure Lab’s website. On March 21, 2022, the Securities and Exchange Commission (“SEC” or “Commission”) released a proposed rule titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.”  If finalized, the rule “would require registrants to provide certain climate-related information in their registration statements and annual… Read More »