OMI JPIC Joins Investors Urging the SEC to Mandate Disclosures on COVID-19 Risks & Responses

OMIUSA JPIC

Originally Published on OMIUSAJPIC Blogspot

Photo: Annie Spratt, Unsplash

Investors and the general public are struggling to understand how the COVID-19 pandemic is impacting the economy and the financial markets. At the same time, the federal government is distributing trillions of dollars in financial support to mitigate the economic impact of the pandemic.

OMI JPIC recently joined 98 investors, state treasurers, public interest groups, labor unions, asset managers & securities law experts to urge the U.S. Securities and Exchange Commission (SEC) to institute new disclosure requirements that would allow investors and the public to analyze how companies are acting to protect workers, prevent the spread of the virus, and responsibly use any federal aid they receive.

 

Read the full letter here.