Legal departments anticipating an imminent rollout of a mandatory climate disclosure rule, one of the U.S. Securities and Exchange Commission’s most controversial and complicated proposals in decades, likely will have to wait until fall.

The SEC trotted out a 510-page proposed rule in March 2022. It would require public companies to detail climate-related risks they face and disclose greenhouse gas emissions. Some agency watchers anticipated a final rule would be released this spring.

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