SEC Proposes Rescission of Climate-Related Disclosure Rules
SEC Proposes Rescission of Climate-Related Disclosure Rules The Securities and Exchange Commission today proposed rescinding overly burdensome and costly rules requiring companies to disclose certain climate-related information in their disclosure filings…
SEC and FINRA regulation defines the rules of the game in the OTC markets. This news may impact disclosure, enforcement or market access for companies and retail investors. ## Summary SEC Proposes Rescission of Climate-Related Disclosure Rules The Securities and Exchange Commission today proposed rescinding overly burdensome and costly rules requiring companies to disclose certain climate-related information in their registration statements and annual reports ## Why it is relevant for OTC investors - Impact on SEC/FINRA disclosure, reporting or enforcement - Possible effects on broker-dealers and retail access to the OTC market - Correlation with recent filings of companies on the watchlist ## What to check before operating - Tier and official profile on otcmarkets.com - Recent SEC filings (10-K, 10-Q, 8-K) or international equivalents - Average volume, bid-ask spread and compatibility with position size - Consistency of the news with verifiable data, not just headlines or social media ## OTC Venture Context Venture OTC aggregates and processes news from external sources for information purposes. The text does not replace financial advice nor does it invite the purchase or sale of…