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US investors' demands for climate-change information not being met under voluntary disclosure rules, SEC's Lee says

( March 15, 2021, 20:26 GMT | Official Statement) -- MLex Summary: US companies won't disclose the global-warming information sought by investors under the current voluntary framework, suggesting the need for mandatory rules, acting Securities and Exchange Commission Chair Allison Herren Lee said. The SEC also should consider creation of a standard-setter for environmental, social and governance issues, which would operate like the Financial Accounting Standards Board, to help devise a disclosure framework that's flexible and can evolve as necessary, she said.Document follows:...

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