SEC Drops Proposed Anti-Greenwashing Fund Disclosure Rules
By Mark Segal
The U.S. Securities and Exchange Commission (SEC) announced that it is withdrawing a series of proposed rules initiated during the tenure of former SEC Chair Gary Gensler, including a rule requiring disclosures by investment managers marketing ESG-focused funds aimed at providing consistent information to investors and to avoid greenwashing risk.e
Photo courtesy of Rodion Kutsaiev.
Source: ESG Today (link opens in a new window)
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