The SEC Drives Expanded Disclosure Requirements and Boardroom Change

Corporate partner Doug Raymond authored an article for Directors & Boards titled “The SEC Drives Expanded Disclosure Requirements and Boardroom Change,” that addresses new disclosure rules proposed by the Securities and Exchange Commission (SEC) for climate-related and cybersecurity issues.

Raymond outlines the purpose and rationale of the proposed rules, which would require public companies to disclose the relevant expertise of their directors, as well as the board’s role in oversight of specific areas.

Although the SEC’s proposed rules may change before adoption, Raymond suggests that boards and their advisors should plan now for how best to respond to the proposed rules and the broader social forces driving them.