21st September 2023 News

US SEC cracks down on funds “greenwashing” with new investment requirement

US SEC adopted a new rule cracking down on so-called “greenwashing” and other deceptive or misleading marketing practices by U.S. investment funds.
According to the new “Name Rule” 80% of a fund’s portfolio should matche the asset advertised by its name.

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ESG Team
the authorESG Team