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SEC Halts Climate Rule Defense, But CRE May See Little Relief from Reporting Burdens

There are too many other places where regulations will force CRE disclosures.

By Erik Sherman | February 13, 2025 at 05:18 AM

SEC Acting Chair Mark Uyeda has halted the defense of the climate disclosure rule, questioning its authority and necessity. Despite this federal reversal, experts suggest commercial real estate may see little practical relief from reporting burdens due to existing state and local regulations.

“I continue to question the statutory authority of the commission to adopt the rule, the need for the rule, and the evaluation of costs and benefits,” he said, according to The Wall Street Journal.

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