Financial Services Financial Services

US Securities and Exchange Commission is ‘neutral’ on climate risk, Gensler says

By Phoebe Seers and Fiona Maxwell
  • 26 Apr 2022 12:34
  • 26 Apr 2022 12:34
The US Securities and Exchange Commission is “neutral” on climate risk, and its role is limited to standardizing the disclosures that inform investment decisions, its chair said today. 
Last month, the SEC put out a proposed rule change that would require companies to disclose climate-related risks and emissions (see here).

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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