Former SEC Officials Rebut Core Legal Attacks On Climate Disclosure Rule

Over a dozen former Securities & Exchange Commission (SEC) officials, including five former commissioners and several top legal officials, are urging the agency to disregard threshold legal attacks on its proposed climate-related disclosure rule, arguing that the plan falls well within the SEC’s authority. “[W]e hold a wide range of views on the specifics of the SEC’s proposals,” says a June 16 letter signed by 15 former top SEC officials and legal experts. “But whatever our views on those subjects,...