Secretary of State’s Office Completes Public Comment Period on Proposed Securities Rules Requiring ESG Disclosure

A public comment hearing was held by the Wyoming Secretary of State’s Office on September, 29 on its proposed rule-making to amend Chapters two, four, five, and 10 of its Securities Rules to require disclosure of Environmental, Social, and Governance (“ESG”) investment strategies by requiring investment advisers, broker-dealers, and securities agents to disclose to their customers or clients whether they are incorporating a social objective, i.e. whether they are considering social criteria, in the investment or commitment of customer or client funds. September 29^th also marked the completion of the written public comment period. Wyoming Secretary of State Chuck Gray.

Gray said that as they continue to proceed through the rule-making process, they’ll give careful consideration to all comments they’ve received during the comment period, and will incorporate them into the administrative record.