David Lynn spoke to Law360 about the U.S. Securities and Exchange Commission’s announcement to create a new ESG enforcement task force charged with clamping down on potential disclosure violations and other misconduct.
According to David, the task force could allow the agency to “fill the gap” before any new rulemaking or guidance is written.
“By having staff dedicated to looking more closely at the disclosures, they can effectively figure out the state of disclosure,” David said. “This also generates information that they can use for subsequent rulemaking or additional guidance.”
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