US SEC lacks jurisdiction to summon foreign national; Adani notice to be sent through proper channel

The Securities and Exchange Commission (SEC) has recently announced new rules aimed at increasing transparency and protecting investors in the securities market. These rules will require companies listed on major stock exchanges to disclose more information about their board diversity and climate-related risks.

Under the new rules, companies will need to disclose data on the gender, racial, and ethnic diversity of their board members, as well as whether they have a policy regarding diversity. This information will help investors make more informed decisions about where to invest their money and encourage companies to prioritize diversity in their leadership.

Additionally, companies will also be required to disclose information about their climate-related risks, such as how they are adapting to climate change and how it could impact their business operations. This is important as climate change poses a significant risk to businesses around the world, and investors need to understand how companies are managing these risks.

Overall, these new rules from the SEC are a step in the right direction towards increasing transparency and helping investors make more informed decisions. By requiring companies to disclose more information about their board diversity and climate-related risks, the SEC is ensuring that investors have the information they need to invest responsibly.