Facing Court Challenges, Vow of Congress To Reverse, SEC Pauses Implementation of Climate Disclosure Regulation

The Securities and Exchange Commission is pausing implementation of a rule that would have forced companies to disclose their climate impact, citing court cases challenging the legality of the administrative action.

“The Commission has discretion to stay its rules pending judicial review if it finds that ‘justice so requires,’” the SEC wrote in a legal filing…

April 4, 2024

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Originally Published in The New York Sun