The U.S. Securities and Exchange Commission (SEC)'s Texas office has launched a preliminary probe into lenders' disclosures about their policies on hot-button issues like climate change and gunmakers, according to two people familiar with the matter.
to phase out fossil fuel lending, sparking a backlash from Republican lawmakers who worry sectors of the economy may lose access to credit.The SEC's new Democratic leadership, meanwhile, has pledged to crack down on public companies that may be inflating their ESG credentials to attract investors and burnish their reputation, or which may be underplaying related risks.
The SEC seems to be scrutinizing potential conflicts between what the underwriters have told investors versus Texas regulators about their policies on doing business with gunmakers and fossil fuel companies, the sources said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC Delays Decision on NYDIG’s Spot Bitcoin ETF ProposalThe SEC has delayed its decision on NYDIG_BTC’s proposal for a spot bitcoin ETF by 60 days to March 16. By NelWang
Read more »
Former CFTC chair proposes a means for unifying crypto regulation from divided SEC and CFTCChris Giancarlo proposes bridging the authorities of the CFTC and SEC by elevating an existing working group.
Read more »
SEC delays decision on NYDIG's bitcoin ETF proposalAn extension notice for NYDOG's Bitcoin ETF hit the public register today, moving the decision date to March.
Read more »
GOP senators demand SEC investigate Unilever after Ben & Jerry's Israel boycottGOP senators on the Banking, Housing, and Urban Affairs Committee have demanded answers on whether the parent company of Ben & Jerry’s has violated SEC rules in its Israel boycott.
Read more »
Bitcoin ETF decision delayed, SEC commissioner wonders whyNew year, new delay. The SEC has postponed its decision to approve NYDIG’s spot exchange-traded fund for Bitcoin, delaying until March 16.
Read more »
Texas police identify man who kidnapped autistic 14-year-old Kentucky boyRonald Christopher Martin Jr., 48, is currently in custody at the Travis County Jail on a $50,000 bond.
Read more »