SEC Highlights Need For Improvements In Investment Adviser And Private Fund ESG Policies, Procedures, And Practices | Lowenstein Sandler LLP
What You Need To Know: The SEC recently examined investment advisers, registered investment companies, and private funds that offer ESG products and services. SEC examinations resulted in finding inadequate and inconsistent firm ESG-related approaches, but also examples of successful firm approaches to ESG investing. When implementing ESG-related investment practices, firms must be consistent, clear, and transparent regarding their ESG-related investment goals. On April 9, 2021, the U.S. Securities and Exchange Commission (the SEC) released results from its recent examinations of particular i...
Source: jdsupra.com