Insights

Securities and Exchange Commission Buidling

The Curious Case of the Hidden FAQ

SEC staff issued an FAQ regarding consideration of diversity, equity, and inclusion factors by investment advisers when selecting or recommending other investment advisers in compliance with an adviser’s fiduciary duty. The FAQ raises…
Securities and Exchange Commission Buidling

Paul Atkins and Paul Ray discuss the SEC’s Climate Rule in the Wall Street Journal

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Patomak Global Partners' Paul Atkins and Paul Ray took to the Wall Street Journal to discuss the Securities and Exchange Commission's Climate Rule. In this article, they comment on the important step that the Supreme Court took to restore…
Securities and Exchange Commission Buidling

Cryptocurrency Investments Expand to 401(k) Accounts

An increasing number of investors are dipping their toes in the cryptocurrency markets. A recent survey found that one in five Americans have invested in, traded or used cryptocurrency. However, a major channel for U.S. investors – 401(k)…
Securities and Exchange Commission Buidling

Patomak Experts Discuss the SEC’s Proposed Climate Disclosure Rule

On March 21, the Securities and Exchange Commission (SEC) voted 3-1 to advance for public comment a proposed climate disclosure rule. Patomak’s Paul Atkins and Paul Ray teamed up with experts from Invariant on a webinar to analyze the proposal…
Securities and Exchange Commission Buidling

SEC Proposes Rules on Climate Disclosures

Background On 21 March, the U.S. Securities and Exchange Commission (“SEC”) held an open meeting to consider proposed rules which would require public companies to disclose additional climate-related information. The agency voted to officially…
Securities and Exchange Commission Buidling

ESG Developments

Patomak's Jamila Piracci and Ted Serafini highlight a few of the key themes from some of the comment letters that stakeholders have filed with the SEC in response to the March 2021 request for public input on the Commission’s existing climate change disclosure requirements and potential future changes to those requirements. They also provides additional considerations for how interested parties are likely to continue the dialogue with the Commission and its staff during the rulemaking process.
Securities and Exchange Commission Buidling

EU Exports ESG to the United States

As widely reported, the newly confirmed Chair of the Securities and Exchange Commission (SEC or Commission), Gary Gensler, is expected to put forth proposals around disclosure of environmental, social and governance (ESG) factors, beginning with climate risk disclosure. While the U.S. is in the early stages of its ESG journey, the European Union (EU) is much further along.

Securities and Exchange Commission Buidling

FIA: Diversity Unlocks Innovation

Jamila Piracci of Patomak Global Partners says diverse, inclusive teams bring new ideas and perspectives to a business.

Securities and Exchange Commission Buidling

NY Post: NY’s Pathetic Case Against Exxon is Outrageous Abuse of Prosecutorial Powers

Patomak Global Partners CEO Paul Atkins writes in a New York Post opinion piece, “The media have appropriately called out the hypocrisy of celebrities who rail about climate change but leave a huge carbon footprint. They should also call out New York’s attorney general, Letitia James, who is claiming to champion investors with an assault on ExxonMobil but may actually be hurting them, by forcing them to bear the cost of frivolous litigation — all the while, cloaking the true, underlying political goals.”
Securities and Exchange Commission Buidling

Sun Sentinel: Local Governments Should Resist the Urge to Sue Energy Companies, Claiming Their Products and Practices are a Public Nuisance

Luther Strange writes in an opinion piece, “As Florida begins to implement its new environmental plan, it is crucial that its city and county government leaders resist the temptation to short-circuit the policy process by turning to the courts.”