Sector Regulation Sector Regulation

US SEC should mull creation of FASB-like standard-setter for companies' climate disclosures, acting chair says

By Neil Roland
  • 17 Mar 2021 15:48
  • 17 Mar 2021 20:21

The US Securities and Exchange Commission should consider forming a standard-setter for environmental, social and governance matters that would operate the way the Financial Accounting Standards Board does for accounting and reporting issues, acting SEC Chair Allison Herren Lee said.

“One of the most challenging questions for the SEC is how to devise

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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