Comment letters in response to the Securities and Exchange Commission’s climate-related disclosure rule have laid out opponents’ issues with the proposal, while supporters have used the process to buttress the SEC’s case for implementing it.
The comment period on the rule closed June 17, and the SEC indicated in its spring rulemaking agenda it will take a vote in the fall. Experts who have followed the debate closely expect there will be legal challenges if the agency passes the rule—a near certainty given its 3-2 Democratic majority under Chair Gary Gensler.
