SEC Tells 8th Circuit It Has Authority To Institute Climate Disclosure Rules

(August 6, 2024, 2:38 PM EDT) -- ST. LOUIS — The Securities and Exchange Commission says in an Aug. 6 response brief filed before the Eighth Circuit U.S. Court of Appeals that, contrary to arguments put forward by nearly half of the nation’s states, the commission has the authority to enact disclosure rules related to climate change issues, arguing that the rules will have a material benefit for investors....