US SEC will not defend climate rule in court
By Isla Binnie, Virginia Furness and Jonathan Stempel NEW YORK/LONDON (Reuters) -The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial rule requiring thousands of public companies to disclose the threats their businesses face from risks related to the climate and environment.
S.E.C. Moves to Kill Climate Disclosure Rule
The acting chair, Mark Uyeda, is directing the Securities and Exchange Commission to pause its legal defense of a rule requiring companies to make climate disclosures.
SEC acting chair asks court to delay arguments in climate disclosure rule case
Securities and Exchange Commission acting Chair Mark Uyeda does not support the agency’s public company climate disclosure rule and has asked staff to notify the federal court assigned to hear a consolidated legal challenge against the rule to delay scheduling the case for arguments.
SEC Hits Pause on Defense of Climate Disclosure Rule
Acting Chair Mark Uyeda said he has directed staff to ask that an appeals court delay arguments while commissioners deliberate on next steps.
SEC prepares to back away from defending climate rule in court
Acting Chairman Mark Uyeda directed SEC staff to initiate a pause in court while the commission awaits a quorum. The SEC may decide to withdraw from defending itself in a lawsuit over last year's climate disclosure rule.
SEC Appears Poised to Abandon Defense of Climate Disclosure Rules
An announcement by acting Chairman Mark Uyeda follows a move to relax reporting requirements, continuing a broad deregulatory push in the new administration.
SEC Acting Chair Hits Pause on Defense of Climate Disclosure Rule
The Securities and Exchange Commission’s new leadership has begun the process of dismantling former Chair Gary Gensler’s climate disclosure rule, a fiercely contested initiative that would h
SEC backs away from climate disclosure rule
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SEC’s Uyeda weighs future of ‘deeply flawed’ climate rule
"I continue to question the statutory authority of the Commission to adopt the Rule, the need for the Rule, and the evaluation of costs and benefits," said ...
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The SEC has implemented new rules requiring commissioner approval for formal investigations, replacing the previous system ...
US market watchdog aims to pause lawsuit over climate disclosures
The acting chair of the U.S. Securities and Exchange Commission said on Tuesday the agency was asking a court to pause ...
Gemini won’t hire MIT grads unless university drops ex-SEC chair Gensler
Crypto exchange Gemini won’t be hiring any graduates from the Massachusetts Institute of Technology unless the university ...
Acting SEC Chair Uyeda Names 3 Appointees to Agency’s New Crypto Task Force
Landon Zinda, former policy director for crypto think tank Coin Center, is the task force’s new senior advisor.