SEC Extends Comment Period

SEC Extends Comment Period

The Securities and Exchange Commission (SEC) has extended the comment period for the proposed rule on Climate-Related Disclosures. Commissioner Gary Gensler said the SEC extended the deadline in response to "significant interest" from a wide range of investors, issuers, market participants and other stakeholders.

The original deadline was May 29, 2022. The new deadline is June 17, 2022. The following is from the SEC press release.

Washington D.C., May 9, 2022 —

The Securities and Exchange Commission today announced that it has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors until June 17, 2022.

“Today, the Commission acted to provide the public with additional time to comment on three proposed rulemakings that have drawn significant interest from a wide breadth of investors, issuers, market participants, and other stakeholders," said SEC Chair Gary Gensler. "The SEC benefits greatly from hearing from the public on proposed regulatory changes. Commenters with diverse views have noted that they would benefit from additional time to review these three proposals, and I'm pleased that the public will have additional time to provide thoughtful feedback."

The public comment period for the proposed rulemaking "The Enhancement and Standardization of Climate-Related Disclosures for Investors," Release Nos. 33-11042, 34-94478 (March 21, 2022) will now end on June 17, 2022. The scope and comment process for this release remains as stated in the original Federal Register notice of April 11, 2022.