Web15 Jun 2024 · The SEC War on Greenwashing Has Begun The regulator’s campaign against fund managers profiting from exaggerated ESG claims is off and running. There’s now … Web26 May 2024 · Republicans oppose the SEC’s focus on ESG, and say the agency shouldn’t play a role in rating municipal debt and or in making decisions about provide financing to oil, gas and coal companies. “These proposals are designed to manufacture activism by funds on ESG issues,” said Republican Commissioner Hester Peirce, who opposed the proposal.
What is ESG and why is the SEC cracking down on it?
Web29 Mar 2024 · FCA to crack down on misleading ESG disclosures. Regulator’s preliminary review raises concerns about application of ESG benchmarks and the potential for greenwashing, as it gets tougher on “poor” sustainability claims. The Financial Conduct Authority (FCA) has warned compilers of benchmarks used to measure companies’ … Web10 Sep 2024 · A lack of standardized and precise environmental, social, and governance (ESG) definitions has led, in some cases, to company misstatements of how climate friendly their investment fund assets are. This practice is known as “greenwashing.” The article provides details on actions that European and SEC regulators have taken on the issue. free online medical dictionary
SEC to Crack Down on Funds’ Misleading ESG Claims With New Rule
Web11 Apr 2024 · Natixis Advisors L.P. lowered its stake in shares of Constellation Brands, Inc. ( NYSE:STZ - Get Rating) by 16.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,360 shares of the company's stock after selling 17,116 shares during the period. Web1 day ago · Thursday, April 13, 2024. The Federal Trade Commission (FTC) continues to crack down on companies for falsely advertising that their products are “Made in USA,” as most recently announced in a ... Web24 May 2024 · According to the Financial Times, the regulator is preparing a new rule that would require fund companies to provide additional disclosures to all ESG-labeled strategies. The Securities and Exchange Commission (SEC) plans to start cracking down on asset managers’ misleading or exaggerated ESG claims, according to reports. farmer boys victorville