SEC climate rule may exceed the Commission’s authority, former commissioner says

Many companies already report emissions data

The U.S. Securities and Exchange Commission headquarters in Washington, D.C. Photographer: Al Drago/Bloomberg

Whether the U.S. Securities and Exchange Commission (SEC) exceeded its authority in issuing a new climate disclosure rule is likely to be clarified in upcoming months, according to former SEC Commissioner Troy Paredes. SEC on March 21 approved the disclosure rule that requires businesses to disclose their impacts on climate change. The Commission allows for […]

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