U.S. Securities and Exchange Commission headquarters in Washington, D.C. Photo: Diego M. Radzinschi/ALM SEC's Climate Disclosure Rule Ignites Debate, Litigation Over Agency's Authority
Supporters cite the SEC's string of disclosure requirements for public companies, while opponents say none of those other mandates addresses environmental oversight.
March 07, 2024 at 10:37 PM
5 minute read
The U.S. Securities and Exchange Commission's adoption of its climate disclosure rule this week followed dueling contentions between Democratic and Republican commissioners over whether the agency has the authority to require the environment-related disclosures, a debate likely to be front and center in legal challenges.
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