From climate change disclosure rules to private company transparency measures, the year ahead promises to be a busy one for securities lawyers.

Just as we would tell an issuer sharing projections to accompany those with robust disclaimers cautioning an investor not to place undue reliance on the forward-looking statements contained in its presentation, we tell you, the reader, to take our modest predictions regarding expected rulemakings from the US Securities and Exchange Commission (SEC) with more than a grain of salt.