Remarks at Financial Stability Oversight Council Meeting
· Gary Gensler, Chair of the U.S. Securities and Exchange Commission (United States)
Summary written by Dark Majestic in its own words · topics: financial stability, climate, energy and nature
GG · Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks at Financial Stability Oversight Council MeetingContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler reports thousands of comments on his climate disclosure proposal.
Problems raised- Climate disclosures lack consistency.
- ESG fund claims are hard to compare.
- Investors need decision-useful information.
Solutions proposed- Propose consistent climate disclosure rules.
- Propose ESG disclosure rules for funds and advisers.
- Consider thousands of public comments.
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