SEC's Implementation of Climate Disclosure Rule Paused Amid Legal Challenges
Saturday, 6 April 2024, 01:01
SEC Pauses Climate Disclosure Rule
The U.S. Securities and Exchange Commission announced the temporary halt of its new climate disclosure rule to address ongoing legal challenges.
Regulation Defense
The SEC stated it would defend the regulation in court while putting the implementation on hold.
This move comes amidst heightened focus on corporate environmental responsibilities, signaling potential shifts in disclosure requirements in the financial industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.