SEC Extends Comment Period For Climate Rule As GOP Amplifies Attacks

The Securities and Exchange Commission (SEC) is extending the deadline for parties to comment on its controversial proposal that would require public companies to disclose their exposure to climate-related risks, as Republican lawmakers are amplifying their criticism of the plan as agency overreach. The SEC on May 9 announced a month-long extension of the comment period on the March proposed rule, until June 17. Industry groups had requested additional time to respond to the over 200 questions posed by the...