The SEC announced a temporary halt to the implementation of its new rule requiring public companies to disclose their climate risks and their emissions figures to investors, as it pursues legal action to determine legality. Citing concern over creating regulatory uncertainty, the SEC states that their stay of the rule will promote an “orderly judicial resolution.”
SEC to Pause New Climate Rule During Litigation
Published on April 12, 2024
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Market Beat – CMBS Market
April 29, 2024