“May has been a busy month for environmental, social, and governance (ESG) ratings and disclosure at the US asset management industry’s top regulator, the Securities and Exchange Commission (SEC) between Chairman Jay Clayton’s warning yesterday on ESG ratings and a recommendation earlier this month for ESG disclosures. This is due in part to the growth in sustainable investing.”
[COMMENTARY] I thought the Trump administration was about de-regulation? Is the SEC (whose head is appointed with Trump’s approval) about to impose significant regulation of ESG funds and investments?
What To Make Of The SEC’s Warnings And Recommendations For ESG Investing, by Bhakti Mirchandani, May 29, 2020, Forbes, USA.