SEC Mulls Climate Rule Tweaks to Avoid Regulating Private Firms

The SEC is weighing how to ensure public companies’ suppliers aren’t overly burdened by the agency’s pending climate disclosure rules, agency Chair Gary Gensler said Thursday.

Securities and Exchange Commission staff are looking to see how they can ensure “that we don’t indirectly sort of do what we can’t do directly—we don’t regulate non-public companies,” Gensler said during a US Chamber of Commerce event centered around the planned final rules, anticipated by the end of the year.

Source: SEC Mulls Climate Rule Tweaks to Avoid Regulating Private Firms