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The Securities and Exchange Commission (SEC) is experiencing a significant slowdown in its rulemaking process, which had previously reached a record pace early in President Joe Biden's administration. This deceleration is attributed to a challenging legal environment, marked by aggressive pushback against the agency's initiatives. Recent Supreme Court decisions have further complicated the SEC's ability to interpret ambiguous laws and issue rules of major significance. The current legal climate is particularly notable as it coincides with a crucial election year, adding additional pressure to the agency's operations.
What's going on today? PepsiCo beats New York state's lawsuit over plastics pollution; Plus, Law firms ride private credit wave as market evolves. Learn more in The Afternoon Docket. Subscribe: https://t.co/9HSJ5xQsef https://t.co/lWFsn7MRaR
PepsiCo beats NY AG’s ‘predatory’ lawsuit accusing it of polluting environment https://t.co/a4P3Noo3Eo https://t.co/b8JWHaGYeS
Rulemaking at the SEC, which hit a record pace early in President Joe Biden's administration, has slowed significantly as the agency navigates aggressive legal pushback. Subscribe to The Afternoon Docket: https://t.co/9HSJ5xPUoH https://t.co/lyQb3whS1R
