Legal Updates Formal Rescission of the U.S. SEC Climate Disclosure Rules Has Begun
On May 4, 2026, the U.S. Securities and Exchange Commission (the “SEC”) submitted a proposed rulemaking titled Rescission of Climate‑Related Disclosure Rules to the Office of Information and Regulatory Affairs for review. This submission marks the SEC’s first formal step toward potential rescission, through notice-and-comment rulemaking, of its rules requiring disclosure of climate-related risks and greenhouse gas emissions (the “Rules”), over two years after their adoption.
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