[Federal Register Volume 87, Number 92 (Thursday, May 12, 2022)]
[Proposed Rules]
[Page 29059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10194]
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Proposed Rules
Federal Register
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This section of the FEDERAL REGISTER contains notices to the public of
the proposed issuance of rules and regulations. The purpose of these
notices is to give interested persons an opportunity to participate in
the rule making prior to the adoption of the final rules.
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Federal Register / Vol. 87, No. 92 / Thursday, May 12, 2022 /
Proposed Rules
[[Page 29059]]
SECURITIES AND EXCHANGE COMMISSION
17 CFR 210, 229, 232, 239, and 249
[Release Nos. 33-11061; 34-94867; File No. S7-10-22]
RIN 3235-AM87
The Enhancement and Standardization of Climate-Related
Disclosures for Investors
AGENCY: Securities and Exchange Commission.
ACTION: Proposed rule; extension of comment period.
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SUMMARY: The Securities and Exchange Commission (``Commission'') is
extending the comment period for a release proposing amendments to its
rules under the Securities Act of 1933 (``Securities Act'') and
Securities Exchange Act of 1934 (``Exchange Act'') that would require
registrants to provide certain climate-related information in their
registration statements and annual reports. The comment period for the
release was originally scheduled to close on May 20, 2022. The new
comment period will end on June 17, 2022. This action will allow
interested persons additional time to analyze the issues and prepare
their comments, which would benefit the Commission in its consideration
of final rules.
DATES: The comment period for the proposed rule published April 11,
2022 (87 FR 21334) is extended. Comments should be received on or
before June 17, 2022.
ADDRESSES: Comments may be submitted by any of the following methods:
Electronic Comments
Use the Commission's internet comment form (https://www.sec.gov/rules/submitcomments.htm).
Send an email to [email protected]. Please include
File Number S7-10-22 on the subject line.
Paper Comments
Send paper comments to Vanessa A. Countryman, Secretary,
Securities and Exchange Commission, 100 F Street NE, Washington, DC
20549-1090.
All submissions should refer to File Number S7-10-22. This file number
should be included on the subject line if email is used. To help the
Commission process and review your comments more efficiently, please
use only one method of submission. The Commission will post all
comments on the Commission's website (https://www.sec.gov/rules/proposed.shtml). Comments are also available for website viewing and
printing in the Commission's Public Reference Room, 100 F Street NE,
Washington, DC 20549 on official business days between the hours of 10
a.m. and 3 p.m. Operating conditions may limit access to the
Commission's Public Reference Room. All comments received will be
posted without change. Persons submitting comments are cautioned that
we do not redact or edit personal identifying information from comment
submissions. You should submit only information that you wish to make
available publicly.
Studies, memoranda, or other substantive items may be added by the
Commission or staff to the comment file during this rulemaking. A
notification of the inclusion in the comment file of any such materials
will be made available on our website. To ensure direct electronic
receipt of such notifications, sign up through the ``Stay Connected''
option at www.sec.gov to receive notifications by email.
FOR FURTHER INFORMATION CONTACT: Elliot Staffin, Special Counsel,
Office of Rulemaking, at (202) 551-3430, in the Division of Corporation
Finance; or Anita H. Chan, Professional Accounting Fellow or Shehzad K.
Niazi, Deputy Chief Counsel, in the Office of the Chief Accountant, at
(202) 551-5300, U.S. Securities and Exchange Commission, 100 F Street
NE, Washington, DC 20549.
SUPPLEMENTARY INFORMATION: The Commission has requested comment on a
release proposing amendments to its rules under the Securities Act and
Exchange Act that would require registrants to provide certain climate-
related information in their registration statements and annual
reports. The proposed rules would require information about a
registrant's climate-related risks that are reasonably likely to have a
material impact on its business, results of operations, or financial
condition. The required information about climate-related risks would
also include disclosure of a registrant's greenhouse gas emissions,
which have become a commonly used metric to assess a registrant's
exposure to such risks. In addition, under the proposed rules, certain
climate-related financial metrics would be required in a registrant's
audited financial statements.
The comment period for the release was originally scheduled to
close on May 20, 2022. The Commission believes that providing the
public additional time to consider and comment on the matters addressed
in the release would benefit the Commission in its consideration of
final rules. Therefore, the Commission is extending the comment period
for Release Nos. 33-11042; 34-94478, ``The Enhancement and
Standardization of Climate-Related Disclosures for Investors,'' until
June 17, 2022.
By the Commission.
Dated: May 9, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-10194 Filed 5-11-22; 8:45 am]
BILLING CODE 8011-01-P