Mayer Brown’s Larry Cunningham testified today before the House Financial Services Committee at a hearing titled: Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles.

The SEC’s proposed climate risk disclosure rules, which we discussed here have proven to be quite controversial and generated significant comment from market participants.  The SEC is anticipated to finalize the rules soon and these may be subject to challenge.

Watch Larry’s testimony here. Read Larry’s testimony here.