Currently, the SEC does not require publicly-held corporations to disclose the costs related to remediation of contaminated sites.

Question

Quizplus · Accepted Answer

The SEC requires publicly-held corporations to disclose material environmental liabilities, including the costs related to the remediation of contaminated sites, under certain circumstances as part of their financial reporting obligations. This is to ensure that investors are informed of potential or existing financial liabilities that could affect the company's financial health.

Currently, the SEC Does Not Require Publicly-Held Corporations to Disclose