As You Sow Foundation: SEC Publishes New Rules to Address ESG Labeling in Mutual Funds
September 21, 2023
September 21, 2023
BERKELEY, California, Sept. 21 -- As You Sow Foundation issued the following statement on Sept. 20, 2023:
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Today, the U.S. Securities and Exchange Commission (SEC) published new rules (https://www.sec.gov/sec-enhances-rule-prevent-misleading-or-deceptive-fund-names) to prevent misleading or deceptive use of environmental, social, and governance (ESG) terms in mutual fund names. The new rules modernize the Investment Company Act "Names Rule" to ensure that . . .
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Today, the U.S. Securities and Exchange Commission (SEC) published new rules (https://www.sec.gov/sec-enhances-rule-prevent-misleading-or-deceptive-fund-names) to prevent misleading or deceptive use of environmental, social, and governance (ESG) terms in mutual fund names. The new rules modernize the Investment Company Act "Names Rule" to ensure that . . .