AUSTIN – Texas Attorney General Ken Paxton led a multistate letter to the U.S. Securities and Exchange Commission (SEC) opposing its proposed rule to impose a crushing matrix of new climate-related disclosures on publicly traded companies and other entities. The rule would turn the SEC, which regulates capital markets, into a new environmental regulatory body, without any lawful authorization for that unprecedented expansion of power. The proposed rule would also cost American businesses millions of additional […]
