SEC dodges commitment on climate rule enforcement
The Securities and Exchange Commission (SEC) refused to say whether it would enforce its Climate-Related Disclosure Rules if they survive court challenges, even as it told a federal court it has no plans to revise the rules at this time.
As first reported by ESG News, the SEC stopped short of committing to enforcement of the rules, despite the fact that the Eighth Circuit Court of Appeals directed the SEC to decide whether it would adhere to them if legal challenges fail.
Instead, the SEC threw the ball back at the Court, requesting the Court decide the petitions for review first. Then, the agency stated it would consider providing an answer.
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