SEC DOWNPLAYS CALL FOR PACT WITH EPA TO IMPROVE DISCLOSURE SCRUTINY

The Securities & Exchange Commission (SEC) appears to be resisting calls from congressional investigators to formalize a data-sharing agreement with EPA to improve its oversight of corporate environmental disclosure, according to EPA and SEC officials. A top EPA enforcement official says SEC scrutiny of corporate environmental disclosures is not a top priority for commission officials. SEC officials also told Government Accountability Office (GAO) investigators that they see no need to improve the current data-sharing regime. "SEC officials said that they...