Acting SEC Chair Says Climate-Related Disclosure Rule Is Illegal
SEC Chair Uyeda began the process to permanently end the Climate-Related Disclosure Rule for large businesses.
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 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 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 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 announces it will not defend climate disclosure rule
The Securities and Exchange Commission (SEC) announced Tuesday that it will not defend a year-old rule requiring publicly-held companies to disclose climate-related risks and in some cases the details of their emissions.
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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 ...
'DEI activism': Republican AGs praise Trump SEC move to reverse Biden climate rule they fought in court
The Trump administration is working to overturn a Biden SEC mandate that faced multiple lawsuits last year over its climate ...
SEC Looks to Nix Requirements for Businesses to Disclose Climate Risks
Acting SEC Chairman Mark Uyeda said he held reservations about the rule since it was first adopted in March 2024, including ...
Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees
The online brokerage’s stock soared in 2024 as investors flooded back into crypto to trigger another bull market.
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Is the SEC backing off Coinbase in landmark securities legal tussle?
One of the precedent-setting lawsuits for the digital assets industry, the Coinbase vs. US Securities and Exchange Commission ...
SEC requests a pause in legal battle with Binance as the agency adapts a crypto-friendly stance
The U.S. Securities and Exchange Commission is seeking to pause its high-profile lawsuit against the cryptocurrency exchange ...