Published 2 years ago

SEC to Propose More Disclosure Requirements for ESG Funds

Summary by Ground News

The Securities and Exchange Commission will vote Wednesday on whether to propose new rules. The new rules would require investment funds to provide standardized data backing up claims that the funds are environmentally friendly and leaders in social and governance issues. Concerns are growing that much of these funds are engaged in so-called greenwashing.

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Reuters

U.S. SEC unveils rules to ensure ESG funds follow through on investments

The U.S. Securities and Exchange Commission (SEC) on Wednesday proposed a pair of rule changes aimed at stamping out unfounded claims by funds on their environmental, social and corporate governance (ESG) credentials, and enforcing more standardization of such disclosures.

2 years ago·United Kingdom

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CNBC

SEC unveils rules to prevent misleading claims and enhance disclosures by ESG funds

The proposals come after the SEC in March debuted rules that would require publicly traded companies to disclose how climate change risks affect their business.

2 years ago·United States

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Financial Post

U.S. SEC unveils rules to ensure ESG funds follow through on investments

WASHINGTON/BOSTON — The U.S. Securities and Exchange Commission (SEC) on Wednesday proposed a pair of rule changes aimed at stamping out unfounded claims by…

2 years ago·Canada

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