Since then, according to Ceres, "there has been a lack of meaningful, substantive carbon asset risk disclosure".
In his Wall Street Journal article, he wrote that terrorism prosecutions "risk disclosure to our enemies of methods and sources of intelligence that can then be neutralized".
"Our focus is on the quality of their risk disclosure," Mary L. Schapiro, the chairwoman of the S.E.C., said at the Senate hearing on Tuesday.
Asher Rubinstein, a lawyer in New York who specializes in complicated tax matters, said he had people come into his office who were willing to risk disclosure.
"Our focus is on the quality of their risk disclosure," Mary L. Schapiro, chairwoman of the Securities and Exchange Commission, said at a hearing of the Senate Banking Committee on Tuesday.
In the new letter, Ceres and its investor allies ask the SEC to get serious about carbon risk disclosure, citing what they call inadequate disclosures from ExxonMobil, Chevron and Canadian Natural Resources as evidence that the agency needs to put some muscle behind its guidance.
The quality of jobs such as due diligence and risk disclosure conducted by lead investors has a direct impact on crowd investors' investment judgement.
The published decision states that "[a]lthough it is important for a broker to educate clients about the risks associated with a particular recommendation, the suitability rule requires more from a broker than mere risk disclosure".
The time for SEC action on climate risk disclosure is now.
With this as background, the supposed revelation is framed, per the title, as "How Regulators Unearthed Merrill's Dodging of Risk Disclosure" (later revised to "Merrill's Risk Disclosure Dodges Are Unearthed").
