WASHINGTON (Reuters) -Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump took office.

In an address to an event held in Paris by the Organization for Economic Cooperation and Development, Paul Atkins, chair of the U.S. Securities and Exchange Commission, said the laws could impose costs on investors and called on European authorities to focus on promoting free enterprise instead.

“I have significant concerns with the prescriptive nature of these laws and their burdens on U.S. companies, the costs of which are potentially passed on to American investors and customers,” Atkins said, according to prepared

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