Aug. 3, 2026
Proposal to Rescind Climate-Related Disclosure Rules To the Commission: I am writing in strong opposition to the SEC’s proposal to completely rescind its 2024 climate-related disclosure rules under File Number S7-2026-19. Scrapping this framework is a major step backward for financial transparency and public accountability. Investors and communities require consistent, standardized, and comparable data on material climate risks. Forcing the public to piece together information scattered across voluntary marketing reports, state filings, and disparate corporate releases creates unnecessary opacity and hides critical risk. I urge the SEC to abandon this rescission for the following reasons: · Necessity of a Unified National Baseline: Voluntary corporate reporting leads to selective, cherry-picked disclosures. A standardized federal framework ensures that material climate risks, leadership oversight, and transition plans are reported clearly and predictably. · Protection of Material Information: Severe weather events, transition costs, and energy impacts directly affect financial stability. Standardized disclosure under SEC filings ensures that investors have access to facts that directly affect long-term valuation. · Market Efficiency: Clear, uniform rules create a level playing field. Stripping away these requirements does not eliminate risk—it merely hides it, undermining market confidence and sound decision-making. The SEC should strengthen rules that protect investor clarity, not dismantle them. Please withdraw this rescission proposal and maintain the 2024 climate disclosure framework. Respectfully submitted, Sherri Lebow