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SEC proposes more disclosure requirements for ESG funds

The SEC voted Wednesday to issue two proposals that aim to give investors more information about MFs, ETFs and similar vehicles that take into account ESG—or environmental, social and corporate-governance—factors (Photo: Reuters)Premium
The SEC voted Wednesday to issue two proposals that aim to give investors more information about MFs, ETFs and similar vehicles that take into account ESG—or environmental, social and corporate-governance—factors (Photo: Reuters)
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Agency votes to float plans to give investors more information on environmental, social and corporate-governance vehicles

WASHINGTON : Regulators proposed new disclosure and naming requirements for investment funds that tap into public angst regarding climate change or social justice, in an effort to address concerns about “greenwashing" by asset managers seeking higher fees.

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