WilmerHale
MONTH-IN-BRIEF (May 2026)
SEC Proposes Rescission of Climate-Related Disclosure Rules
By Alan J. Wilson, WilmerHale
On May 29, the Securities and Exchange Commission proposed rules to rescind amendments that would require registrants to provide climate-related information in registration statements and annual reports. The climate-related disclosure amendments were approved in March 2024, but they were subsequently stayed pending completion of a judicial review of the petitions filed in multiple federal district courts that were ultimately consolidated for review in the Eighth Circuit. Most recently, in September 2025, the Eighth Circuit had issued an order holding the consolidated petitions for review in abeyance until the SEC reconsidered the climate-related disclosure rules by notice-and-comment rulemaking or renewed its defense of them. The public comment period on this latest proposal will remain open for sixty days following publication in the Federal Register.