ANALYSIS: Attorneys Say SEC Climate Rule Won’t Remain Intact

May 15, 2024, 9:00 AM UTC

The SEC stayed its new climate rule in April, less than one month after its release, due to the multiple legal challenges that were filed.

It’s too soon to tell what the ultimate resolution of the SEC climate rule will be, but attorneys don’t appear to be particularly optimistic about the rule overcoming all of the legal challenges it currently faces.

Most Attorneys Think Rule Will Only Survive in Part

The majority of 211 law firm and in-house respondents (136 law firm and 75 in-house) to Bloomberg Law’s State of Practice survey thought the rule would survive in part. This ...

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