5th Circuit Lifts Stay Of SEC Climate Rules For Transfer To 8th Circuit

( March 25, 2024, 2:12 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on March 22 dissolved an administrative stay of newly announced rules by the Securities and Exchange Commission requiring new disclosures of climate-related risks; the court also transferred the petition brought by two companies to the Eight Circuit U.S. Court of Appeals, where it will be consolidated with other petitions related to the rules....

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