"[T]he Commission will continue vigorously defending the Final Rules’ validity in court and looks forward to expeditious resolution of the litigation,” the SEC said.
April 05, 2024 at 03:36 PM
3 minute read
The U.S. Securities and Exchange Commission has paused implementation of its controversial new climate disclosure rule amid a slew of legal challenges to the agency’s statutory authority that have been consolidated in the U.S. Court of Appeals for the Eighth Circuit.
The SEC said it will resume implementing the rule depending on the resolution of the challenges.
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Breaking news and trends for law firm and legal departments about the evolving federal regulations in a volatile political climate.
U.S. Court of Appeals for the Eighth Circuit at the Thomas F. Eagleton Courthouse in St. Louis. Credit: Google
