What we can learn from one of the most detailed ESG SEC actions to date
By EsqSocial Corporation 27/09/23
The U.S. Securities & Exchange Commission (“SEC”) recently found that an investment adviser mischaracterized its integration of Environmental, Social, and Governance (“ESG”) factors into research and investment recommendations for certain products. These miscommunications included the extent to which advisory personnel used a proprietary ESG ratings engine to assign an A to F rating to issuers to help guide investment decisions...
By: Mintz