Marine Agency Slams Brakes On Endangered Coral Rule

Law360, New York (September 19, 2013, 6:22 PM EDT) -- The National Marine Fisheries Service is backing away from a proposed rule listing 68 species of corals as endangered, saying Thursday that it needs to collect additional information and re-evaluate the controversial action that was based on future climate threats.

Extending the deadline for the final listing decision for an additional six month will allow the regulator to better assess the best scientific and commercial data available, the agency said in a Federal Register notice.

“Based on comments received during the public comment period, we find...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.