(Grand Forks, ND) Roland Reimers has been sentenced for blocking a train in Grand Forks. The 80-year-old Political Activist was charged with Disorderly Conduct after he stood in front of a train at a railroad crossing and prevented it from moving in October of 2022. Authorities say Reimers told officers he wanted to make a citizen's arrest because the train was blocking the
Takeaways
The Securities and Exchange Commission s near-term climate change and board diversity rulemaking process heralds what may become a period of significant reform to the SEC s disclosure requirements relating to environmental, social, and governance (ESG) criteria generally.
Mixed signals from the SEC s Commissioners may spell additional uncertainty for market participants.
Issuers and private fund managers can adopt certain measures to prepare for the wave of SEC enforcement and civil litigation regarding ESG issues, including by helping to shape the SEC s agenda through participation in the rulemaking process.
Although the SEC s ESG-related agenda is in its early stages, market participants should pay close attention to the emerging regulatory framework, which often portends both enforcement actions and shareholder litigation. As previously noted here, these regulatory developments call for careful evaluation, particularly in light of widely held expectations that the SE