News & Analysis as of

Environmental Social & Governance (ESG) Commodities Futures Trading Commission Biden Administration

WilmerHale

2024 CFTC Year in Review: An Overview of a Transitional Year

WilmerHale on

Coming off a busy 2024, we expect that 2025 will be a landmark year for the Commodity Futures Trading Commission (CFTC or Commission). Rostin Behnam’s resignation as Chairman on January 20 marked the end of the Biden...more

Mayer Brown

Voluntary Carbon Markets

Mayer Brown on

On May 28 2024, the Biden administration released the “Voluntary Carbon Markets Joint Policy Statement and Principles”. This is one of a number of recent international initiatives to “shore up” the voluntary carbon markets...more

Jones Day

White House Instructs Agencies to Analyze and Mitigate "Climate-Related Financial Risk"

Jones Day on

Executive Order directs whole-of-government approach and broad regulatory effort. On May 20, 2021, President Biden issued an Executive Order ("Order") directing agencies to analyze and mitigate "climate-related financial...more

Beveridge & Diamond PC

President Biden Issues Federal Direction on Disclosure of Climate-Related Financial Risk

Beveridge & Diamond PC on

On May 20, 2021, President Biden issued his Executive Order on Climate-Related Financial Risk, stating that it is the policy of the Administration to “advance consistent, clear, intelligible, comparable, and accurate...more

BakerHostetler

The Future of SEC Enforcement Under the Biden Administration

BakerHostetler on

On April 14, 2021, the U.S. Senate confirmed the nomination of Gary Gensler as the 33rd Chair of the U.S. Securities and Exchange Commission (“SEC” or “Commission”). This change will bring forth a Democratic majority at the...more

Pietragallo Gordon Alfano Bosick & Raspanti,...

Gensler Expected to Take Tough Stance on Corporate Issues

On Wednesday, April 14, 2021, the Senate confirmed President Biden’s nomination, Gary Gensler, as chairman of the SEC in a 53-45 vote. Although Gensler steps into this role to serve the remainder of predecessor Jay Clayton’s...more

Jones Day

New Unit Signals CFTC Targeting ESG Issues and Financial System's Climate Risks

Jones Day on

The Situation: The Commodity Futures Trading Commission ("CFTC") has established a new unit dedicated to addressing climate risk in the financial system, providing yet another example of financial services regulators...more

Jones Day

SEC Chairman Nominee Expected to Usher in Era of Increased SEC Enforcement, Regulation

Jones Day on

The Situation: President Joe Biden nominated Gary Gensler, former Chairman of the Commodity Futures Trading Commission ("CFTC") under the Obama administration, for Chairman of the Securities and Exchange Commission ("SEC"). ...more

Foley Hoag LLP - White Collar Law &...

SEC Enforcement in 2021: A Look Ahead

Editors’ Note: With the advent of the Biden presidency, we invite you to join us as we examine important trends in white collar law and investigations. Our first entry takes a closer look at SEC enforcement. Up next: a review...more

Dorsey & Whitney LLP

Climate Change - Will the SEC Revamp Its Disclosure Requirements?

Dorsey & Whitney LLP on

Climate change, global warming and similar subjects are the daily grist of the news. The Washington Post reported recently, for example, that huge quantities of ice are melting at an alarming rate....more

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