Kelley Howes authored an article for Law360 covering recent guidance and statements from the U.S. Securities and Exchange Commission (SEC) and its staff related to environmental, social, and governance (ESG) investing.
“Increased investor demand for ESG-focused financial products and services has prompted a shift in the SEC’s examination and enforcement priorities,” the authors wrote.
“In an effort to protect investors against so-called greenwashing, the SEC has signaled that it will be dedicating significant resources to ensuring that companies, investment advisers, and funds that hold themselves out as focused on ESG matters follow through with their promises to investors and do not use good intentions as an excuse for noncompliance with applicable law.”
Read the full article.
