WASHINGTON—The Securities and Exchange Commission is considering asking public companies to disclose more information about their workforces.
“Investors want to better understand one of the most critical assets of a company: its people,” SEC Chairman Gary Gensler said earlier this week in a Twitter thread. “I’ve asked staff to propose recommendations for the Commission’s consideration on human capital disclosure.” Mr. Gensler previously said the disclosures would likely be mandatory for public companies and could touch on a number of metrics, including turnover, skills and development training, compensation, benefits, workforce demographics including diversity, and health and safety.
The SEC included human-capital disclosures on a list of potential rule-making items it published on June 11. Large companies have already been moving to provide more information about diversity in their workforces,
Its amazing to me, that they don't already have this information between the IRS and census. If they feel they need it, hey should just take down the data sharing laws between government silos.
SEC goes full woke
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GaryGensler should be more concerned about his own SEC lawyers who’ve just been caught tampering with evidence in the Ripple case and should be disbarred. The SEC are unethical and worse than the bad actors they are supposed to protect us against.