Monday, August 30, 2010

The SEC, Global Warming and The First Amendment - StreetTalk - happenings on wall street - Forbes

The SEC, Global Warming and The First Amendment - StreetTalk - happenings on wall street - Forbes: "In its continuing struggle to remain relevant after Madoff, the SEC has issued an interpretive guidance on what firms have to say about the impact on them of climate-change-related business and legal developments. The bottom line is that while there are no completely new disclosure requirements here, the 'interpretation' could impose a world of hurt and uncertainty on firms without benefiting (and likely even hurting) investors."