Partner Sara Crovitz discusses the U.S. Securities and Exchange Commission’s recent amendments to the Names Rule — which demand sustainability definitions from fund managers — with Sustainable Views.
“The concern is that the SEC moves forward with the proposed ESG rule for funds and advisers, but the disclosure rule for public companies does not get put into place because of litigation or other reasons,” Crovitz told Sustainable Views. “Then you have asset managers required to make disclosures in a regulatory filing based on information that may be hard to verify because public companies aren’t required to provide it in a regulatory filing.”
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