Jun. 13, 2022
Re: File Number S7-10-22 — Stop Radical SEC “Social Credit Score” Rule Dear Securities and Exchange Commission, I am writing in opposition to the SEC Climate Disclosure rule (File Number S7-10-22). By pursuing this rule, the U.S. federal government is implementing ESG — essentially a “social credit score” for corporations, pressuring them to adopt uber-woke policies. ESG-pushing companies like BlackRock have successfully pushed many corporations far to the Left. If the federal government adopts the same policies, this pressure will only intensify. Furthermore, in their attempt to comply with the (costly and burdensome) rule while maintaining a high “score,” companies might impose their own social credit scores on consumers. This could result in average Americans being denied services because they haven’t adopted a Great-Reset-compliant lifestyle. More broadly, the SEC’s rule is a sneaky way to help end the use of oil and gas while implementing radical green-new-deal environmentalist policies. Unable to implement its collectivist agenda via legislation, the Left is pursuing regulatory workarounds. Last, but certainly not least, the SEC — or the federal government for that matter — does not have authority to regulate business, including for climate-change-related reasons. Its rule is illegal and unconstitutional. Sincerely, Mr. Danny Hamerly