Democrats Seek Strict SEC Enforcement Amid Climate Risk Disclosure Suit

Even as the Securities and Exchange Commission (SEC) is defending against litigation over its landmark climate-related disclosure rule, Democratic lawmakers are urging officials to strictly enforce the requirements if it survives court review. In the meantime, they say the agency should thoroughly enforce Obama-era guidance on disclosing climate-related risks and other policies, arguing this would help address “shortfalls” in the scaled-back final standards. “The commission needs to firmly state that it will ensure these previous climate-related rules and guidance are...