Senate Banking Committee Chair Sherrod Brown (D-OH) pressed Treasury, the SEC and the CFTC to take further action to remedy disclosure deficiencies associated with digital asset tokens and digital asset platforms.
News & Insights
At a hearing before the Senate Appropriations Subcommittee on Financial Services, Senator Joe Manchin (D-WV) challenged SEC Chair Gary Gensler on his intention to move forward on the proposed Climate Disclosure rule.
IOSCO issued recommendations for regulators to improve ESG guidance, disclosures and standards, and for asset managers and ESG information providers to prevent greenwashing.
In testimony before the Senate Banking Committee, SEC Chair Gary Gensler outlined the agency's responses to current forces changing the face of finance from new "[f]inancial technologies and business models, from predictive data analytics to crypto."
The SEC voted unanimously to propose amendments to filing obligations that would expand the requirement of electronic filing of documents on the SEC's Investment Adviser Registration Depository and EDGAR system.