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Brown at Consumer Privacy World: FTC Amends GLBA Safeguards Rule
November 09, 2021
The Federal Trade Commission (FTC) amends the Gramm-Leach-Bliley Act (GLBA) Safeguards Rule and imposes new privacy obligations on financial institutions, requiring significant changes to their information security programs.
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Ackman: Stakeholder Capitalism will make Inflation «Persistant and Growing »
November 08, 2021
Pershing Square Capital Management’s founder Bill Ackman joins the growing debate on inflation, stating that stakeholder capitalism will make inflation ‘persistent and growing’—not ‘transitory’.
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UK Government Publishes Roadmap to Sustainable Investing
November 03, 2021
The UK Government has published "Greening Finance: A Roadmap to Sustainable Investing," which details the economy-wide Sustainability Disclosure Requirements for business, the financial sector, and investment products.
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U.S. Regulators Unveil Blueprint to Tackle Financial Climate Risks
October 27, 2021
The U.S. Financial Stability Oversight Council ("FSOC") has issued a report providing roadmap for integrating climate risk management into the financial regulatory system, which could lead to new rules and stricter oversight for public companies.
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Senator Rubio Expresses Concern about "Woke" Federal Investment Guidelines
October 20, 2021
Senator Marco Rubio (R-FL) has voiced concern about the Employee Benefits Security Administration’s proposed “Prudence and Loyalty in Selecting Plan Investments and Shareholder Rights,” which permits investment on criteria beyond profit and loss, including climate change and progress on workforce diversity and inclusion.
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