The SEC requires now Registrants to consider the potential impact on their financial results of operations by evaluating the likely impact of proposed regulations or pending legislation.
Most SEC Registrants have not previously identified, tracked, reviewed and reported on proposed climate change legislation and regulation. Most SEC Registrants have no existing or recommended procedures, operations or capabilities to identify, track and asses such proposed climate change legislation and regulation.
This report identifies proposed climate change legislation and regulation, details the likelihood that the proposals will be enacted within the next 90 days, defines which proposals are likely to have effect on SEC Registrants, and provides a basis for SEC Registrants to determine and define the application of these proposals to the business and operations of that Registrant.
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