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SEC extends comment period for proposed rules on climate-related disclosures, reopens periods for proposed rules regarding private fund advisers and regulation ATS

Written on May 27, 2022

The SEC has extended the public comment period on the proposed rulemaking to enhance and standardize climate-related disclosures for investors. The SEC also announced that it will reopen the comment periods on the proposed rulemaking to enhance private fund investor protection and on the proposed rulemaking to include significant Treasury markets platforms within Regulation ATS for 30 days. 

The public comment period for the proposed rulemaking The Enhancement and Standardization of Climate-Related Disclosures for Investors, Release Nos. 33-11042, 34-94478 (March 21, 2022) will now end on June 17, 2022. The scope and comment process for this release remains as stated in the original Federal Register notice of April 11, 2022. 

The public comment periods for the proposed rulemakings Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews, Release Nos. IA-5955 (Feb. 9, 2022) and Amendments Regarding the Definition of 'Exchange' and Alternative Trading Systems (ATSs) That Trade U.S. Treasury and Agency Securities, National Market System (NMS) Stocks, and Other Securities, Release No. 34-94062 (Jan. 26, 2022) will be reopened for 30 days following publication of the reopening release in the Federal Register. The scope and comment process for both releases will remain as stated in the original Federal Register notices of March 24, 2022, and March 18, 2022.