SEC committee which backed ESG disclosures in row over nominations

New nominations procedure will limit committee expertise in sustainability-related areas, says Commissioner

Commissioner Allison Herren Lee
Commissioner Allison Herren Lee

The US Securities and Exchange Commission (SEC) is revamping the nominations process for an independent advisory committee which previously broke ranks with the regulator by supporting standardised ESG corporate disclosures and proxy advisors.

The move is opposed by Commissioner A…

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