May. 31, 2022
Regarding the SEC proposed rule for Climate-Related Disclosures for Investors. I agree that Existing rules already cover material climate risks. The proposed rule dispenses with materiality in some places and distorts it in others. The proposal will not lead to comparable, consistent, and reliable disclosures. The Commission lacks authority to propose this rule. The Commission underestimates the costs of the proposal. The proposed rule would hurt investors, the economy, and this agency. Submitted by: Chris J. Johnson Elko, NV