💨 Abstract

The acting chair of the U.S. Securities and Exchange Commission, Mark Uyeda, has asked a court to pause proceedings on a climate disclosure rule introduced by his predecessor, Gary Gensler. The rule, which required companies to disclose various climate-related risks, was deemed deeply flawed and potentially harmful to the economy by Uyeda.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖