SEC Proposes Rescission of Climate-Related Disclosure Rules
This is an official press release from the SEC, a US federal body whose publications are in the public domain. The summary below is reproduced with attribution; read the complete release on the SEC website.
From the official SEC release
The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s…
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The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the agency to its core mandate – in line with its legal authority – and restoring a materiality-focused approach to securities regulation.
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