U.S. SEC review of socially responsible funds finds ‘potentially misleading’ claims.
“The U.S. Securities and Exchange Commission on Friday said it has found ‘potentially misleading’ claims and inadequate controls around investing environmental, social and governance (ESG) issues in a review of investment advisors and funds.”
[COMMENTARY] This is good news. The industry needs some cleaning out of the greenwashing that exists.
U.S. SEC review of socially responsible funds finds ‘potentially misleading’ claims, by Reuters staff, April 12, 2021, Reuters, USA.