Regulatory Alerts2026-06-03 | 2026-11091Added
Rescission of Climate-Related Disclosure Rules
The Securities and Exchange Commission proposes to rescind its 2024 climate-related disclosure rules, which mandated extensive reporting on greenhouse gas emissions and climate risks in registration statements and annual reports. The agency argues the rules exceeded its statutory authority under the Securities Act and Exchange Act by imposing prescriptive requirements beyond the standard of materiality. Additionally, the Commission cites policy grounds for withdrawal, asserting the rules impose unjustified costs on registrants and hinder capital formation without providing sufficient informational benefits to investors.
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