Allison Herren Lee will step down as SEC commissioner
Allison Herren Lee will step down as a commissioner at the Securities and Exchange Commission.
Allison Herren Lee will step down as a commissioner at the Securities and Exchange Commission.
U.S. Senator Marco Rubio sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler and Commissioner Allison Herren Lee regarding the impact of the SEC’s agenda on so-called environmental, social, and governance (ESG) metrics, and whether those same standards would apply to companies based or operating in the People’s Republic of China (PRC).
U.S. Senator Marco Rubio sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler and Commissioner Allison Herren Lee regarding the impact of the SEC’s agenda on so-called environmental, social, and governance (ESG) metrics, and whether those same standards would apply to companies based or operating in the People’s Republic of China (PRC).
Modesty is not a defining characteristic for numerous policy-makers in Washington, among them regulators asserting that climate “risks” are significant for individual firms and economic sectors — precisely how do they know? — and that, therefore, they must be reported so that investors can have more rather than less information. Allison Herren Lee, the acting Chairman of the Securities and Exchange Commission, argued recently as follows: Investors are demanding more and better information on climate and ESG, and that demand is not being met by the current voluntary framework.