George Raine Discusses Impact of Names Rule in Bloomberg Law

In The News
September 27, 2023

On September 20, the SEC adopted regulations intended to better safeguard investors from funds with misleading environmental, social and governance (ESG) names and other deceptive labels.

Asset management partner George Raine spoke with Bloomberg Law about the rule, sharing that “It was always a less controversial rule.”

“The SEC staff, when we’ve talked to them, had a lot less patience for objections to this rule than they did to objections to how the ESG rule might roll through,” George said.