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The SEC will no longer defend itself against litigation challenging a rule that requires SEC registrants to disclose information about climate-related risks.
The Securities and Exchange Commission (SEC) took a major step toward ending its highly controversial set of Biden-era requirements, “The Enhancement and Standardization of Climate-Related Disclosures for Investors,” that compel SEC registrants to report detailed information about climate-related risks that investors and securities firms would then use to guide investment strategies and operations. Led by...
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