Change is likely coming to the Securities and Exchange Commission’s (SEC) enforcement priorities with the pending handover of the White House to Republican President-elect Donald Trump. Adjust your compliance priorities accordingly.
Likely Out: The SEC’s much-debated climate-related disclosure rule, which was approved in March only to be tabled in the face of legal challenges a month later. Environmental, social, and governance (ESG) rule initiatives that are related to disclosures and internal controls. Diversity, equity, and inclusion rules that pressured corporations to add women and minorities to their boardrooms and make human capital management disclosures. The SEC’s private fund adviser rule, which had already been struck down by a federal court, will likely not be revived.
