ESG Funds Might Soon Have to Prove to SEC They’re Actually ESG
03/03/2020 Since 11 months
The U.S. money management industry has experienced a boom in recent years of firms touting their commitment to green investing and buying the shares of socially-responsible companies.
Now, the Securities and Exchange Commission wants to know whether money managers are engaging in false advertising by saying funds are devoted to doing good when the reality is much murkier.
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