SEC Climate Proposal Changes Need More Input, Commissioner Says

The SEC’s climate disclosure rules must get another look from companies, investors and others before they’re finalized if the agency intends to stray far from its 2022 proposal, Republican Commissioner Mark Uyeda said Tuesday.

Securities and Exchange Commission regulations that change significantly between when they’re proposed and adopted without public feedback risk violating agency procedure law, Uyeda said at a Practising Law Institute conference in New York. SEC Chair Gary Gensler has said the agency is considering revising its proposed requirements for companies to report their greenhouse gas emissions and make other climate disclosures, but has declined ...