Ceres welcomes two new proposed rules issued today by the U.S. Securities and Exchange Commission (SEC) which aim to strengthen protections and address increasing confusion around the rapid growth of ESG-oriented funds. One proposal, Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices, requires U.S. investment companies and advisors to state whether they use ESG criteria and disclose data that shows how funds meet those criteria if they have them. The other proposal, Investment Company Names, would strengthen the fund names rule to…
Read MoreCeres welcomes SEC rule proposals to protect investors with stronger ESG disclosures from investment funds and advisors
