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In The Wall Street Journal, George Raine Discusses SEC's Deeper Focus on Rooting Out Misleading ESG Claims

Practices: Asset Management

In The Wall Street Journal, asset management partner George Raine (Boston) discussed the Securities and Exchange Commission’s new efforts, including assembling a task force, to bring cases against companies and asset managers that make promises about ESG that mislead investors.

“You can’t go to a mutual fund board meeting without hearing about all the new ESG products the managers are planning to come out with,” George said. “This is a clear response to what looks like an increasingly accelerating flywheel in the industry toward an ESG-tilt on investment advisory and fund products.”

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