SEC’s Gary Gensler on his agenda: ‘If the courts adjust, we adjust’

Quick Summary:

Earlier this year, the SEC paused a long-anticipated rule that for the first time would have required company disclosures on climate risks, while it defends the measure against a string of lawsuits from trade associations, US states and climate advocacy groups.

Gensler, who was appointed by Biden, said he expects to adopt between 45 and 50 rules in total even if his five-year term is cut short.

Under Gensler, the SEC has adopted dozens of new rules, but courts have challenged some cornerstones of his agenda.

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Article Details

Author / Journalist: Jennifer Hughes

Category: MarketsFinanceInvesting

Markets: United States

Topics: Courts Agency Pursued Rules Court Agenda Legal Climate Markets Gensler Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 04:00:11 (5 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 847 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21391460

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