Finance & Banking
Regulations related to financial markets, banking, securities, and consumer protection.
2 regulationsThe Enhancement and Standardization of Climate-Related Disclosures for Investors
This notice announces the voluntary stay of the SEC's climate-related disclosure rules pending the resolution of consolidated legal challenges in the Eighth Circuit Court of Appeals. The rules, which would require publicly traded companies to disclose material climate-related risks and greenhouse gas emissions, remain on the books but compliance dates are paused until further order.
Employee or Independent Contractor Classification Under the Fair Labor Standards Act
This final rule restores the multifactor economic reality test for determining whether a worker is an employee or independent contractor under the Fair Labor Standards Act. The rule rescinds the previous administration's simplified two-factor test and returns to a totality-of-the-circumstances analysis, considering six factors including opportunity for profit or loss, investment, permanence, and the degree of employer control.