SEC's Scaled Back Climate Rule Leaves Few Happy

Also, SEC takes a baby step on market structure overhaul; Powell hints Basel could be re-proposed

As expected, the SEC’s Democrats pushed through a significantly pared back climate disclosure rule. But today’s public meeting showed they didn’t have an easy time coming to an agreement – and the high-profile, politically charged battle seems to have taken a bit of a toll.

“There has been an intense media glare on our proposal and robust public dialogue…