Shannon S. Broome

2 months ago | lexology.com | Rachel S. Saltzman |Clare Ellis |Hannah Flint |Shannon S. Broome

As of early 2025, the landscape of climate disclosure requirements in the United States is shifting. Unsurprisingly, the Trump Administration has signaled its intent to roll back the federal climate disclosure rule promulgated by the Securities and Exchange Commission (“SEC” or “Commission”) last year. Meanwhile, implementation of California’s suite of climate disclosure laws is moving forward, and at least two other states are considering copy-cat legislation.

Jul 2, 2024 | natlawreview.com | Shannon S. Broome

The Chevron doctrine – the bedrock principle of administrative law under which courts afforded deference to administrative agency interpretations in the face of statutory ambiguity – is no more. On June 28, 2024, the U.S. Supreme Court issued a long-anticipated decision that addresses the authority of regulatory agencies to dictate policy and the extent to which courts will exercise their own judgment as to the meaning of a statute and how that may bound agency decisions.

Mar 25, 2024 | lexblog.com | Shannon S. Broome |Hannah Flint |Rachel S. Saltzman |Shawn Regan

On March 6, 2024, by a party-line vote of 3-2, the US Securities and Exchange Commission (SEC) adopted final rules (entitled “The Enhancement and Standardization of Climate-Related Disclosures for Investors”) requiring most public companies to disclose climate-related information in registration statements and annual reports filed with the SEC.