Climate change threatens to upend the global social and economic order and can impact virtually every aspect of the economy and financial system. The risks from climate change to the banking and financial system must be appropriately addressed now. The U.S. banking regulatory agencies remain woefully behind in addressing climate-related risks. Their counterparts at the […]
Read More
FOR IMMEDIATE RELEASE Tuesday, November 2, 2021 Contact: Evelyn Swan at 202-618-6433 or eswan@bettermarkets.org WASHINGTON, D.C.— Today, Phillip Basil, Director of Banking Policy at Better Markets, issued the following statement regarding the publication of our new report, Climate Change and the Banking System: “As world governments debate national commitments to address the global climate change […]
Read More
Better Markets urged Commodities Futures Trading Commission (CFTC) Acting Chair Rostin Benham and CFTC Commissioner Dan Berkovitz to continue their leadership in bringing attention to climate-related risks and using the public visibility of their positions to call for urgent action to accelerate the transition to a low-carbon economy. Why it matters. It can no longer […]
Read More
Investors, public interest advocates, the financial sector, regulators, policymakers, and elected officials in the U.S. and abroad have paid increasing attention to the way companies address environmental, social, and governance (“ESG”) issues in recent years. Over the last decade or so, more and more investors are considering how companies incorporate these factors into their operations, […]
Read More
Earlier this month, Better Markets filed a comment letter in response to an SEC request for public input on climate change-related disclosures. Better Markets applauds the SEC for beginning the process of engaging on this critical issue. Climate change will have a drastic impact on every aspect of our economy and promises to disrupt the […]
Read More
FOR IMMEDIATE RELEASE June 14, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C. – Stephen Hall, Legal Director and Securities Specialist for Better Markets, issued the following statement on the filing of a comment letter urging the SEC to establish a new disclosure framework for climate-related risks that companies face. There is a […]
Read More
FOR IMMEDIATE RELEASE June 14, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C. – Stephen Hall, Legal Director and Securities Specialist for Better Markets, issued the following statement on the filing of a comment letter urging the SEC to establish a new disclosure framework for climate-related risks that companies face. “There is a […]
Read More
FOR IMMEDIATE RELEASE Thursday, February 25, 2021 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Better Markets Joins Coalition to Encourage Treasury Secretary Yellen to Name Senior, Experienced Climate Official Washington, D.C. – Dennis Kelleher, President and Chief Executive Officer of Better Markets, issued the following statement related to a letter it co-signed as part of a coalition […]
Read More
The SEC recently approved two rules friendly to corporations and Wall Street. Better Markets’ Lev Bagramian gives an insider’s perspective of the changes and their possible negative implications for Main Street families. The SEC continued its pro-Wall Street and pro-corporate streak by allowing companies to reduce the information they disclose to investors and authorizing itself […]
Read More
FOR IMMEDIATE RELEASE Wednesday, August 26, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com Washington, D.C. – Lev Bagramian, Senior Securities Policy Advisor at Better Markets, issued the following statement in response to the Securities and Exchange Commission’s approval of two rules friendly to corporations and Wall Street—Regulation S-K modernization and “accredited investor” definition: “”The […]
Read More