The Securities and Exchange Commission is at it again. Straying from its core mission of “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation,” the SEC is now taking the mantle of climate activist. Chairman Gary Gensler’s signature policy, the Climate Disclosure Rule, was just approved in a partisan 3-2 vote. Companies will now have to disclose direct and indirect emissions that they produce to investors. This rule, in the guise of informing investors of material risks in companies, will overwhelm investors with information that is unrelated to actual risks to a company’s performance.
Workiva Inc. (NYSE:WK) Q4 2023 Earnings Call Transcript February 20, 2024 Workiva Inc. beats earnings expectations. Reported EPS is $0.3, expectations were $0.22. Workiva Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen. My name […]