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 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 backs away from climate disclosure rule
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House Democrats ask Uyeda to shield SEC from Musk's interference
Two House Democrats urged SEC acting Chair Mark Uyeda to protect the agency against interference from Elon Musk and his ...
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SEC Asks Court for Coinbase Case Deadline Extension, Citing 'Potential Resolution' Prospects
The SEC filed a motion Friday saying its new crypto task force could help it resolve its ongoing case against Coinbase.
SEC asks for 28 more days to respond to Coinbase's appeal
The United States Securities and Exchange Commission (SEC) has requested an additional 28 days to review crypto exchange ...
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Acting SEC Chair seeks a pause in SEC climate disclosure rule litigation
Acting SEC Chair Mark Uyeda issued a statement advising that he is requesting that the Court presiding over the SEC’s climate ...
‘Deregulation by Firings’: Breaking Down the Cuts to Financial Oversight
The furious pace of deregulation is gutting agencies intended to protect ordinary Americans, consumer advocates say. But ...
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 ...
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 ...
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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 ...