Political Quotes

On the recordJuly 25, 2012
Madam Chair, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Add at the end of title VI the following (and conform the table of contents accordingly): SEC. 604. INTERPRETIVE GUIDANCE NULL AND VOID. Notwithstanding any other provision of law, no interpretive guidance issued by the Securities and Exchange Commission on or after the effective date of this Act relating to ``Commission Guidance Regarding Disclosure Related to Climate Change'', affecting parts 211, 231, and 249 of title 17, Code of Federal Regulations (as described in Commission Release Nos. 33-9106; 34-61469; FR-82), or any successor thereto, may take effect, and such guidance shall have no force or effect with respect to any person on or after February 2, 2010. SEC. 605. OTHER SEC ACTION PROHIBITED. (a) Further Guidance Related to Climate Change.--The Commission may not issue any interpretive guidance with respect to disclosures related to climate change on or after the effective date of this Act. (b) Voluntary Submissions.--The Commission may not issue any interpretive guidance that would establish any requirements with respect to the content of or format for any disclosures related to climate change voluntarily submitted by any entity to the Commission on or after the effective date of this Act.…
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Bill Posey
Republican · Florida

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