Credit: maykal/Adobe Stock SEC Keeps Delaying Rollout of Controversial Climate Disclosure Rules
"Given the legal and political challenges, along with the need to craft a balanced set of rules—one that would be likely to survive a court challenge—it's hardly surprising that the process is taking longer than anticipated," according to Cydney Posner, a Cooley special counsel.
May 24, 2023 at 01:00 PM
4 minute read
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.
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