Connect with us

Popular World News

U.S. SEC says review of ESG funds has turned up ‘potentially misleading’ claims By Reuters

China says only small number of firms moving supply chains out of the country


U.S. SEC says review of ESG funds has turned up ‘potentially misleading’ claims By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Friday said a review of investment advisers and funds has turned up “potentially misleading” claims and inadequate controls around investing environmental, social and governance (ESG) issues.
The top U.S. markets regulator has found that investment advisers and funds have inconsistent regimes as well as “unsubstantiated and potentially misleading claims” regarding ESG approaches, according to a statement.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


To Top
error: Content is protected !!