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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (4549)7/14/2009 9:15:22 AM
From: basserdan3 Recommendations  Respond to of 5034
 
Why would anyone, other than manipulators, object? What say ye, self-styled "cyber sleupps?"

Hmmmm! Seems our toothless watchdogs have a new distraction with which to chase their tail....

SEC Turnaround Sparks Sudden Look at Climate Disclosure

By EVAN LEHMANN of ClimateWire
Published: July 13, 2009

Federal regulators are preparing to launch "a very serious look" at requiring corporations to assess and reveal the effects of climate change on their financial health, according to a commissioner on the Securities and Exchange Commission.

Initial efforts are under way, moving the commission toward a conclusion that investment groups had sought unsuccessfully throughout much of the Bush administration: forcing public companies to report the dangers they face from releasing carbon dioxide and its warming aftermath.

"I think with the changes in the environment and everything that's been happening, it's really time for us to take another very serious look at the disclosure system in this area," Elisse Walter, one of five commissioners at the SEC, told E&E on Friday. "I think it's a very serious issue.

"We have a lot of internal education to do," she said. "This obviously is not an agency populated with climate experts, and we're going to talk to everyone who is knowledgeable in the area, who's willing to talk to us. We'll educate ourselves, and then we'll decide -- the staff will decide -- what to put before the commission or not." (my bolding for emphasis)

Blah blah blah...... yada yada yada!

nytimes.com