Simpson Thacher in the News
Go Back
Karen Hsu Kelley and Leah Malone Quoted in Agenda on Impact of SEC Rulemaking on Boards
06.26.23
This is only gets display when printing
Partners Karen Hsu Kelley and Leah Malone were quoted in an Agenda article titled, “Boards Busier Than Ever Amid Wave of SEC Rulemaking,” which discussed the impact new SEC rulemaking is having on boards. Karen indicated that the proposed and final rules the SEC has released over the past year or so include a number of detailed disclosure and risk oversight requirements that require boards’ involvement. She further noted, “That granular disclosure will force boards to be more methodical in terms of oversight.” When commenting specifically on the climate disclosure rules, Leah added, “The [proposed] climate disclosure rule has had a tremendous impact in terms of how boards are thinking about an issue that has been on the radar for a long time but hasn’t been incorporated into oversight responsibilities.”
To read the full article, please click here (subscription required).