Fund managers feel heat in SEC crackdown on overblown ESG la… – MENAFN.COM
Fund managers feel heat in SEC crackdown on overblown ESG la… – MENAFN.COM
(MENAFN - Gulf Times) US regulators have long said they're dubious about the green and socially conscious labels that Wall Street applies to $35tn in so-called sustainable assets. Now, the watchdogs are hunting for proof that they're right.
For several months, Securities and Exchange Commission examiners have been demanding that money managers explain the standards they use
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