William J. Bruno
Overview
William Bruno is a partner in the Washington, D.C. office of Crowell & Moring, where he is a member of the firm’s Corporate Group. William’s practice focuses on general corporate and securities matters for public and private companies, including mergers and acquisitions, initial and follow-on securities offerings, complex commercial transactions, and corporate governance. William advises clients seeking to grow, collaborate, and secure new capital.
Career & Education
- Cornell University, B.A., 2002
- University of Pennsylvania Law School, J.D., 2010
- District of Columbia
- New York
- Massachusetts
- Pennsylvania
William's Insights
Client Alert | 03.08.24
On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) voted to finalize a rule that requires regulated issuers to disclose information regarding their greenhouse gas (GHG) emissions and other climate-related information. First proposed in 2022, the final rule has been scaled back in some significant ways from what was initially proposed. Notably, the final rule requires only large accelerated filers and non-exempted accelerated filers to disclose direct and energy-related (Scope 1 and 2)[1] GHGs—and only if such emissions are material to the business strategy, results of operations, or financial condition of a registrant—with no Scope 3 requirement to report on other indirect emissions (Scope 3). By comparison, the proposed rule would also have required Scope 1 and 2 emissions disclosures for all types of regulated entities regardless of materiality, and Scope 3 disclosures required of certain filers if material. The final rule reflects a heightened focus on materiality regarding disclosures of climate-related risks, and adjusts assurance requirements. It also extends the timing of GHG reporting, when required, to at least 2026 (for FY 2025 data) and phases in the assurance requirements. As soon as the SEC voted to finalize the rule, ten states (West Virginia, Georgia, Alabama, Alaska, Indiana, New Hampshire, Oklahoma, South Carolina, Virginia, and Wyoming) filed a petition for review in the Eleventh Circuit challenging the final rule.
Firm News | 1 min read | 02.14.24
Client Alert | 5 min read | 12.19.23
FBI Offers Pathway to Request Delay of SEC Cybersecurity Incident Disclosures
Client Alert | 3 min read | 11.08.23
William's Insights
Client Alert | 03.08.24
On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) voted to finalize a rule that requires regulated issuers to disclose information regarding their greenhouse gas (GHG) emissions and other climate-related information. First proposed in 2022, the final rule has been scaled back in some significant ways from what was initially proposed. Notably, the final rule requires only large accelerated filers and non-exempted accelerated filers to disclose direct and energy-related (Scope 1 and 2)[1] GHGs—and only if such emissions are material to the business strategy, results of operations, or financial condition of a registrant—with no Scope 3 requirement to report on other indirect emissions (Scope 3). By comparison, the proposed rule would also have required Scope 1 and 2 emissions disclosures for all types of regulated entities regardless of materiality, and Scope 3 disclosures required of certain filers if material. The final rule reflects a heightened focus on materiality regarding disclosures of climate-related risks, and adjusts assurance requirements. It also extends the timing of GHG reporting, when required, to at least 2026 (for FY 2025 data) and phases in the assurance requirements. As soon as the SEC voted to finalize the rule, ten states (West Virginia, Georgia, Alabama, Alaska, Indiana, New Hampshire, Oklahoma, South Carolina, Virginia, and Wyoming) filed a petition for review in the Eleventh Circuit challenging the final rule.
Firm News | 1 min read | 02.14.24
Client Alert | 5 min read | 12.19.23
FBI Offers Pathway to Request Delay of SEC Cybersecurity Incident Disclosures
Client Alert | 3 min read | 11.08.23