SEC warns advisers about shortcomings in ESG compliance
The risk alert is the latest step the SEC has taken to emphasize ESG oversight. In recent weeks, it has formed an enforcement task force and released a request for public comment on ESG and climate-risk disclosures.
Recent Securities and Exchange Commission examinations of investment advisers, investment companies and funds show shortcomings in how they are pitching, constructing and monitoring investment products and strategies that utilize environmental, social and governance factors.
A risk alert issued F
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