Trump election may impede SEC’s climate disclosure rule – Green Banking
A new rule from the Securities and Exchange Commission (SEC) is making waves in the financial world. This rule is designed to increase transparency and accountability in the public markets.
The SEC’s rule requires public companies to disclose more information about their relationships with foreign governments. This includes details about any payments or other financial transactions that companies have with foreign governments.
By shining a light on these transactions, the SEC hopes to prevent corruption and bribery in the corporate world. This increased transparency will help investors make more informed decisions about where to put their money.
The rule has been met with mixed reactions from the business community. Some companies see it as a burden, requiring them to disclose more information than they are comfortable with. Others see it as a positive step towards improving corporate governance and accountability.
Overall, this new SEC rule marks an important development in the world of finance. It underscores the importance of transparency and integrity in the public markets, and will likely have far-reaching effects on how companies do business with foreign governments moving forward.
