US SEC stays climate disclosure rule amid legal challenges
Wall Street's top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on Thursday, after criticism from across the political spectrum. The Securities and Exchange Commission's (SEC) first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. The SEC said it has exercised its discretion to stay the final rules pending a review in the Eighth Circuit U.S. Court