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.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.