Stephen Hall, our legal director and securities specialist, spoke at the CFA Institute Climate Risk and Returns Conference this April. Steve’s panel explored how public policymakers, corporations, the investment community, and individual citizens all must work together to address climate change. The following is a blog based on his presentation at the panel. Regulation Of The […]
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WASHINGTON, D.C.— Dennis M. Kelleher, Co-founder, President and CEO of Better Markets, released the following statement in connection with Better Markets’ comment letter filed with the Commodities Futures Trading Commission (“CFTC”) in response to the agency’s request for information on climate-related financial risk (“Climate RFI”). “The CFTC must act now and use its broad authority […]
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WASHINGTON, D.C.— Stephen Hall, Legal Director and Securities Specialist at Better Markets, issued the following statement after Better Markets filed two comment letters with the Securities and Exchange Commission (SEC) regarding its proposals to require investment companies, investment advisers, and other entities to disclose to investors additional information regarding their environmental, social, and governance (“ESG”) […]
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WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy, issued the following statement in connection with the Basel Committee on Banking Supervision’s finalization of its principles around the management of climate-related financial risks: “The Basel Committee on Banking Supervision (the Committee) is responsible for setting international standards for banking institutions, and we welcomed the opportunity to comment […]
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WASHINGTON, D.C.—Legal Director and Securities Specialist Stephen Hall issued the following statement on the filing of Better Markets’ Comment Letter to the Securities and Exchange Commission in response to the agency’s proposal to enhance the disclosure of the climate-related risks facing companies: “No company will be able to escape the financial consequences of climate change, […]
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WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy, issued the following statement on the filing of Better Markets comment letter to the Federal Deposit Insurance Corporation (FDIC) on their request for comments regarding its proposed principles for climate-related financial risk management for large banks. “We applaud the FDIC for incorporating climate-related financial risks into its risk management expectations […]
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WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy, issued the following statement on the filing of a Better Markets Comment Letter in response to the Basel Committee on Banking Supervision’s Consultative Document “Principles for the effective management and supervision of climate-related financial risks”. “Better Markets applauds the publication of these principles as an important step in […]
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WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy, issued the following statement on the filing of Better Markets’ comment letter on the Office of the Comptroller of the Currency (OCC)’s draft principles for climate-related financial risk management for large banks. “Better Markets applauds the OCC’s move to be the first U.S. banking regulatory agency to propose […]
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FOR IMMEDIATE RELEASE Wednesday, February 9, 2022 Contact: Evelyn Swan at 202-618-6433 or eswan@bettermarkets.org WASHINGTON, D.C.—Phillip Basil, Director of Banking Policy, issued the following statement on the release of Better Markets Fact Sheet, Republicans, Democrats, Wall Street Banks, & Finance Leaders All Agree: Financial Risks Related to Climate Change Must Be Addressed: “The effects of […]
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FOR IMMEDIATE RELEASE Tuesday, December 14, 2021 Contact: Doug Walker at 202-618-6430 or dwalker@bettermarkets.org WASHINGTON, D.C.—Better Markets Legal Director and Securities Specialist Stephen Hall released the following statement on the filing of Better Markets’ response to the Department of Labor’s proposed rule that would amend several provisions of the agency’s Investment Duties regulation: “Better Markets […]
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