SEC proposes regulations aimed at cracking down on ESG greenwashing ...Middle East

New federal rules released Wednesday could help ensure that investment funds labeled as environment, social and governance (ESG) actually deserve the name — and the high fees they command. The Security and Exchange Commission (SEC) proposed a new regulation to combat the practice of "greenwashing," the misleading marketing of unsustainable investments under the ESG label. If adopted, the measure would require funds marketing themselves as ESG-focused to disclose additional information to investors. Different categories of funds would be required to report varied information. Those that are focused on considering environmental factors would be required to share the climate contri

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Last updated : 27 May 2022 clock 12:44 AM

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SEC proposes regulations aimed at cracking down on ESG greenwashing ...Middle East

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