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Goodbye, Green Disclosures: SEC Proposes Full Withdrawal Of Climate-Related Disclosure Requirements
The U.S. Securities and Exchange Commission has proposed to completely rescind its Climate-Related Disclosure Rules adopted in March 2024, calling them a "dramatic overreach" of statutory authority. The SEC argues the rules exceed disclosure authority limits, interfere with state corporate law, and impose unjustified costs while being inconsistent with a materiality-based approach to disclosure.
United States Commercial
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Mayer Brown
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