Acting SEC Chair Says Climate-Related Disclosure Rule Is Illegal
SEC Chair Uyeda began the process to permanently end the Climate-Related Disclosure Rule for large businesses.
US SEC will not defend climate rule in court
By Isla Binnie, Virginia Furness and Jonathan Stempel NEW YORK/LONDON (Reuters) -The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial rule requiring thousands of public companies to disclose the threats their businesses face from risks related to the climate and environment.
SEC backs away from climate disclosure rule
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SEC moves to kill climate disclosure rule
The acting chair of the, Mark Uyeda, took the first step Tuesday to rolling back a rule that would require thousands of publicly traded companies to provide investors with detailed information about the impact of their businesses on climate and the environment.
SEC prepares to back away from defending climate rule in court
Acting Chairman Mark Uyeda directed SEC staff to initiate a pause in court while the commission awaits a quorum. The SEC may decide to withdraw from defending itself in a lawsuit over last year's climate disclosure rule.
SEC pauses legal defense of its climate-related disclosures rule
The acting SEC chair, who voted against the rule last year, cites “changed circumstances” while calling the rule “deeply flawed.”
SEC Pauses Defense of Climate Disclosure Rules
On February 11, Securities and Exchange Commission (SEC) Acting Chairman Mark Uyeda asked the Eighth Circuit not to schedule oral arguments for the SEC’s climate disclosure rules, which were adopted in Ma rch 2024, and soon voluntarily st ayed by the SEC pending the outcome of the Eighth Circuit litigation.
SEC Hits Pause on Defense of Climate Disclosure Rule
Acting Chair Mark Uyeda said he has directed staff to ask that an appeals court delay arguments while commissioners deliberate on next steps.
SEC Appears Poised to Abandon Defense of Climate Disclosure Rules
An announcement by acting Chairman Mark Uyeda follows a move to relax reporting requirements, continuing a broad deregulatory push in the new administration.
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SEC Requests Oral Argument Not to Be Scheduled in the Litigation Challenging the Climate-Related Disclosures Rule
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