Sector Regulation Sector Regulation

Comment: US SEC's clampdown on investment funds’ 'greenwashing' begins after year-long agency warnings

The US Securities and Exchange Commission this week is ushering in a new period of more stringent oversight of asset managers that market their investments as environment-friendly, following a year-long series of regulatory warnings.

A groundbreaking enforcement case in this area was a $1.5 million fine yesterday of BNY Mellon’s advisory unit

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