Investor Activists Fight Delay That Imperils SEC Workforce Rule

Supporters of an SEC plan to require companies to divulge additional diversity data and other workforce details are pressuring the agency to move quickly after it pushed back its target date for releasing the proposal. The SEC delay imperils a plan already at risk in the wake of the Supreme Court’s recent Loper Bright decision that will make it easier to fight agency regulations in court.

The Biden administration’s updated regulatory agenda issued July 5 showed the Securities and Exchange Commission moved the anticipated date for releasing its workforce disclosure proposal from April to October. The commission has been poised ...