Originally Posted by
Peter1469
Here is something the government is doing to hurt the economy.
Will the SEC's Climate Rules Make Smaller Companies Go Extinct? | RealClearMarkets
One of the key tenets of the Securities and Exchange Commission’s (SEC) mission is to facilitate capital formation, yet it’s new proposed climate disclosure rule will have the opposite effect. It will add layers of red tape to our public markets, limit opportunity for investors to own shares in small to mid-sized public companies and, as a result, create red tape that raises the cost of capital and disincentivizes these businesses from going public. As the SEC considers the impacts of this proposed rule, the agency should remember that regulatory costs act as a fee taken out of investor capital and returns. The cost to comply with the SEC’s proposed requirements will have a detrimental effect on smaller to mid-sized companies, investors and the public markets as a whole.
Will the SEC's Climate Rules Make Smaller Companies Go Extinct? | RealClearMarkets