Last week, State Attorneys General from 24 states submitted a letter to the SEC’s climate-related disclosure docket arguing that the recent Supreme Court decision rolling back Environmental Protection Agency (EPA) authority reaffirms federal agencies need to stay in their regulatory lane. In short, the SEC’s proposed climate disclosure rule is the very essence of “SEC Mission Creep.”…
Last week, former Securities and Exchange Commission (SEC) Commissioner Paul Atkins and former White House Office of Information and Regulatory Affairs Administrator Paul Ray wrote a Wall Street Journal op-ed explaining the ways in which the SEC’s proposed climate disclosure rule is an overreach of its authority. Atkins and Ray compare the SEC’s proposed rule with the…
On Forbes “What’s Ahead” video series, Steve Forbes delves into the Securities and Exchange Commission’s (SEC) proposed climate disclosure rule and the negative effects it will have on companies and our economy. The climate disclosure rule that Gary Gensler, Chairman of the SEC, has proposed goes far beyond the SEC’s authority. The proposed rule is…