With the growing popularity of green movements in every facet of society, the Securities and Exchange Commission (SEC) is looking to launch the largest green financial initiative in history. They plan on implementing a new climate disclosure rule that will require all public companies to disclose their climate data. If the rule is adopted, it will bring about large pivots in global equity portfolio management and alter the market landscape for many industries.
From Trader Joe’s to Cargill, many of America’s most popular and lucrative companies are not available for retail investors to purchase. What does it say about the stock market that the vast majority of companies in America are privately held? In this short article, Senior Investing Columnist Abby Copeland will explain why many top businesses are privately held and the advantages and disadvantages that non-public companies hold.