Backers Say Blocking SEC Climate Rule Would Undercut Investor Protection

Environmentalists, investors and others who support the Securities and Exchange Commission’s (SEC) climate-related disclosure rule are warning that a court decision to block the rule could hamstring the SEC’s broader ability to ensure investors have information they need to respond to myriad emerging risks. “[S]triking down the Final Rules would impact the attractiveness of U.S. securities markets and, more generally, would undermine the ability of the SEC to respond to emerging regulatory needs going forward,” says an Aug. 15 amicus...