May. 10, 2022
**** **** May 10, 2022 This is the worst kind of overregulation and misprioritization of scarce SEC resources. A true waste of SEC staff time and a needless burden on companies. Material risks already require disclosure, and the new rule adds additional onerous requirements that may have no bearing on material. It is a painfully obvious political response to a politicized environment around climate change. Will the SEC now be creating 490-page documents with unique disclosure requirements around every imaginable material risk? If not, then why is climate change somehow special in that regard? The SEC would better serve investors by focusing on dark pools, front running and abusive trading practices that are harming investors every single day. ****