Skip to Content

Amid legal challenges, SEC pauses its climate rule

By SUMAN NAISHADHAM
Associated Press

WASHINGTON (AP) — The U.S. Securities and Exchange Commission on Thursday said it would pause the implementation of its new climate disclosure rule while it defended the regulation in court. Wall Street’s top regulator voted in March on the final rule, which requires some public companies in the U.S. to report their greenhouse gas emissions and climate risks. The measure faced legal challenges almost immediately. The SEC said it had stayed the rule to avoid regulatory uncertainty for companies that might have been subject to the rules while litigation against it proceeds. The rule is pending review in the U.S. Court of Appeals for the Eighth Circuit.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content