Stay updated with breaking news from Focused Fund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The U.S. Securities and Exchange Commission SEC proposed amendments to existing rules and reporting forms1 designed to promote consistent, comparable, and reliable information for investors concerning the incorporation of environmental, social, and governance ESG factors.
The U.S. Securities and Exchange Commission SEC proposed amendments to existing rules and reporting forms1 designed to promote consistent, comparable, and reliable information for investors concerning the incorporation of environmental, social, and governance ESG factors.
<p><span>Thank you, Mr. Chair. A key impetus for today’s rulemaking</span><span> is a legitimate concern about the practice of greenwashing by investment advisers and investment companies. This concern is real because advisers can mint money by calling their products and services “green” without doing anything special to justify that label. Only days ago, we settled an enforcement proceeding in which we alleged that an adviser said one thing about ESG and did another.</span><span> Yet while enforcement proceedi...
<p><span>I am pleased to support today’s proposal to bring greater transparency and accountability to sustainable investing. There has been explosive growth in investor interest and demand around such investments, both domestically and internationally.</span><span> With that increasing demand comes increasing need for consistent, comparable, and reliable information – information to help protect investors from “greenwashing,” or exaggerated or false claims about ESG practices. Greenwashing can mislead investors as to the ...
Global commodity funds are attracting huge inflows this year as investors seek to cash in on the rally in metals, gas and grains after an escalation in the conflict between major commodity producers Russia and Ukraine. According to Refinitiv Lipper, commodity funds drew a net inflow of $7.9 billion in February, the biggest since August ...