SEC Proposes to End Biden-Era Climate Disclosure Rules
The Securities and Exchange Commission (SEC) has sent a proposal to the White House to formally end the Biden-era climate disclosure rules for publicly-traded companies. These rules, which were never implemented due to legal challenges, required companies to report material risks to their business from climate change and carbon emissions. The proposal is currently under review by the White House's Office of Management and Budget. The SEC aims to return to a materiality-focused approach to securities regulation, aligning with its core mandate and legal authority. 
